https://www.taxtmi.com/caselaws?id=1333 The Supreme Court held that the value of scrap should be included in the computation of the value of points and crossings manufactured for the Railways on a job work basis. The Court emphasized that the cost of raw material, labor charges, and profits of the processor should be considered in calculating the value of the goods. The burden of proving that the price is affected by the sale of scrap lies with the Revenue. The Court overturned a previous decision and upheld the inclusion of the value of scrap in the computation, resulting in the dismissal of the Civil Appeals. en-us Thu, 10 Mar 2005 00:00:00 +0530 Mon, 14 Apr 2008 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1333 The Supreme Court held that the value of scrap should be included in the computation of the value of points and crossings manufactured for the Railways on a job work basis. The Court emphasized that the cost of raw material, labor charges, and profits of the processor should be considered in calculating the value of the goods. The burden of proving that the price is affected by the sale of scrap lies with the Revenue. The Court overturned a previous decision and upheld the inclusion of the value of scrap in the computation, resulting in the dismissal of the Civil Appeals. Case-Laws Central Excise Thu, 10 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1333