https://www.taxtmi.com/caselaws?id=326910 An assessment finalised on undisclosed cost accountant material and without recorded reasons for the adopted valuation method cannot be sustained, because it denies the assessee a fair opportunity and makes the order non-speaking. Where valuation is completed under Rule 11 of the Valuation Rules, 2000, the report relied on must be supplied and the basis for adopting the valuation approach must be explained. The assessment was set aside and remanded for de novo adjudication after furnishing the report to the assessee and complying with natural justice. en-us Wed, 17 Feb 2016 00:00:00 +0530 Thu, 03 Nov 2016 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326910 An assessment finalised on undisclosed cost accountant material and without recorded reasons for the adopted valuation method cannot be sustained, because it denies the assessee a fair opportunity and makes the order non-speaking. Where valuation is completed under Rule 11 of the Valuation Rules, 2000, the report relied on must be supplied and the basis for adopting the valuation approach must be explained. The assessment was set aside and remanded for de novo adjudication after furnishing the report to the assessee and complying with natural justice. Case-Laws Central Excise Wed, 17 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326910