https://www.taxtmi.com/forum/issue?id=109477 Related-party transfers are valued by reference to cost of production under CAS 4 with an added markup, while independent sales use transaction value; CAS 4 excludes interest, profit margin and depreciation components that duplicate cost, but includes depreciation forming part of manufacturing overheads. Authorities may consider prices to unrelated buyers and require adjustments for marketing expenses; valuation provisions for captive consumption apply only where there is no sale. en-us Wed, 02 Dec 2015 14:05:54 +0530 Thu, 23 Jan 2025 15:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109477 Related-party transfers are valued by reference to cost of production under CAS 4 with an added markup, while independent sales use transaction value; CAS 4 excludes interest, profit margin and depreciation components that duplicate cost, but includes depreciation forming part of manufacturing overheads. Authorities may consider prices to unrelated buyers and require adjustments for marketing expenses; valuation provisions for captive consumption apply only where there is no sale. Discussion-Forum Central Excise Wed, 02 Dec 2015 14:05:54 +0530 https://www.taxtmi.com/forum/issue?id=109477