https://www.taxtmi.com/caselaws?id=331782 In excise valuation of job-work clearances, quantity discount known at the time of removal could not be disallowed merely because the clearance was not an actual sale. The assessable value had to reflect the processed goods in the hands of the processor, with manufacturing cost, expenses and profit accounted for under settled valuation principles. Duty having already been discharged on the entire quantity cleared, including the free-supply quantity, a further demand on the discounted quantity was impermissible and would amount to double taxation. The assessee succeeded, and the impugned order was set aside with consequential relief. en-us Tue, 30 Aug 2016 00:00:00 +0530 Thu, 01 Sep 2016 16:53:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331782 In excise valuation of job-work clearances, quantity discount known at the time of removal could not be disallowed merely because the clearance was not an actual sale. The assessable value had to reflect the processed goods in the hands of the processor, with manufacturing cost, expenses and profit accounted for under settled valuation principles. Duty having already been discharged on the entire quantity cleared, including the free-supply quantity, a further demand on the discounted quantity was impermissible and would amount to double taxation. The assessee succeeded, and the impugned order was set aside with consequential relief. Case-Laws Central Excise Tue, 30 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331782