https://www.taxtmi.com/caselaws?id=2327 For captive consumption valuation under Rule 6(b)(ii) of the Central Excise (Valuation) Rules, 1975, only profit attributable to the manufacture and clearance of the goods is relevant in computing assessable value. Income unconnected with such manufacture and clearance is excluded from the profit margin calculation. Applying the earlier larger bench view, the tribunal accepted that unrelated income should not form part of the valuation base and upheld the exclusion. The valuation method adopted by the appellants on that basis was therefore accepted. en-us Tue, 26 Jun 2007 00:00:00 +0530 Tue, 15 Apr 2008 19:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2327 For captive consumption valuation under Rule 6(b)(ii) of the Central Excise (Valuation) Rules, 1975, only profit attributable to the manufacture and clearance of the goods is relevant in computing assessable value. Income unconnected with such manufacture and clearance is excluded from the profit margin calculation. Applying the earlier larger bench view, the tribunal accepted that unrelated income should not form part of the valuation base and upheld the exclusion. The valuation method adopted by the appellants on that basis was therefore accepted. Case-Laws Central Excise Tue, 26 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2327