https://www.taxtmi.com/caselaws?id=266797 Where goods are transferred between two units of the same assessee without sale to an independent buyer, valuation must be determined on the basis of cost of production under Rule 6 of the Central Excise Valuation Rules. The existing valuation exercise was found incomplete because the supporting certificates and cost records had not been properly examined with reference to the relevant Board circulars. The valuation order was therefore set aside and the matter remanded for fresh determination of assessable value after proper scrutiny of the financial material, including reference to the costing authority if necessary. en-us Mon, 07 Sep 2015 00:00:00 +0530 Sat, 24 Oct 2015 07:52:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266797 Where goods are transferred between two units of the same assessee without sale to an independent buyer, valuation must be determined on the basis of cost of production under Rule 6 of the Central Excise Valuation Rules. The existing valuation exercise was found incomplete because the supporting certificates and cost records had not been properly examined with reference to the relevant Board circulars. The valuation order was therefore set aside and the matter remanded for fresh determination of assessable value after proper scrutiny of the financial material, including reference to the costing authority if necessary. Case-Laws Central Excise Mon, 07 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266797