https://www.taxtmi.com/caselaws?id=181747 The Appellate Tribunal CESTAT AHMEDABAD ruled that the valuation of goods under the Central Excise Valuation Rules, 2000 should be based on Rule 4 for captive consumption and sale to independent buyers, not Rule 8. Referring to previous decisions, including Steel Complex Ltd Vs CCE, Calicut, the Tribunal held that Rule 8 does not apply when goods are partly sold under ex-factory basis and partly for captive consumption. As Rule 8 was amended post the relevant period, the Tribunal set aside the impugned order and allowed the appeal by the Appellant. en-us Mon, 24 Aug 2015 00:00:00 +0530 Sat, 23 Apr 2016 10:50:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181747 The Appellate Tribunal CESTAT AHMEDABAD ruled that the valuation of goods under the Central Excise Valuation Rules, 2000 should be based on Rule 4 for captive consumption and sale to independent buyers, not Rule 8. Referring to previous decisions, including Steel Complex Ltd Vs CCE, Calicut, the Tribunal held that Rule 8 does not apply when goods are partly sold under ex-factory basis and partly for captive consumption. As Rule 8 was amended post the relevant period, the Tribunal set aside the impugned order and allowed the appeal by the Appellant. Case-Laws Central Excise Mon, 24 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181747