https://www.taxtmi.com/caselaws?id=271178 The Tribunal ruled in favor of the assessee, finding that Rule 8 of the Central Excise Valuation Rules did not apply to internally consumed goods used for civil construction and transferred to another plant. The Tribunal emphasized the importance of transaction value for excisable goods and held that the assessee had properly sold part of the goods fulfilling the condition of transaction value for excise duty. Additionally, the Tribunal found that the valuation of steel items cleared on a stock transfer basis within the same company was done correctly, dismissing the Revenue's appeals and upholding the assessee's position. en-us Mon, 23 Nov 2015 00:00:00 +0530 Tue, 18 Oct 2016 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271178 The Tribunal ruled in favor of the assessee, finding that Rule 8 of the Central Excise Valuation Rules did not apply to internally consumed goods used for civil construction and transferred to another plant. The Tribunal emphasized the importance of transaction value for excisable goods and held that the assessee had properly sold part of the goods fulfilling the condition of transaction value for excise duty. Additionally, the Tribunal found that the valuation of steel items cleared on a stock transfer basis within the same company was done correctly, dismissing the Revenue's appeals and upholding the assessee's position. Case-Laws Central Excise Mon, 23 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271178