https://www.taxtmi.com/caselaws?id=248817 Valuation of paper cleared in reel form for conversion into sheets through a job worker was held to depend on the sale price charged by the principal manufacturer when the goods were ultimately sold from the job worker's premises. The Tribunal observed that routing the goods through a job worker did not justify adoption of the lower reel price, because cutting reels into sheets was incidental or ancillary to completion of the manufactured product. Applying Rule 10A of the Central Excise Valuation Rules, it found no prima facie case for waiver of pre-deposit and directed deposit of the entire duty demanded, with waiver and stay limited to the balance of interest and penalty on compliance. en-us Mon, 19 May 2014 00:00:00 +0530 Mon, 24 Nov 2014 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248817 Valuation of paper cleared in reel form for conversion into sheets through a job worker was held to depend on the sale price charged by the principal manufacturer when the goods were ultimately sold from the job worker's premises. The Tribunal observed that routing the goods through a job worker did not justify adoption of the lower reel price, because cutting reels into sheets was incidental or ancillary to completion of the manufactured product. Applying Rule 10A of the Central Excise Valuation Rules, it found no prima facie case for waiver of pre-deposit and directed deposit of the entire duty demanded, with waiver and stay limited to the balance of interest and penalty on compliance. Case-Laws Central Excise Mon, 19 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248817