https://www.taxtmi.com/caselaws?id=186828 Captively consumed intermediate goods are to be valued under Rule 8 of the Central Excise Valuation Rules on CAS-4 cost of production principles, and non-manufacturing expenses such as selling, marketing, administrative and advertisement costs cannot be mechanically included in the assessable value. On that basis, the differential duty was directed to be recomputed after fresh examination. The article also states that penalties under the Central Excise Rules were not sustainable where the dispute was interpretational and revenue neutral, particularly where duty had already been paid before the show-cause notice. en-us Tue, 22 Sep 2015 00:00:00 +0530 Sat, 01 Oct 2016 16:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186828 Captively consumed intermediate goods are to be valued under Rule 8 of the Central Excise Valuation Rules on CAS-4 cost of production principles, and non-manufacturing expenses such as selling, marketing, administrative and advertisement costs cannot be mechanically included in the assessable value. On that basis, the differential duty was directed to be recomputed after fresh examination. The article also states that penalties under the Central Excise Rules were not sustainable where the dispute was interpretational and revenue neutral, particularly where duty had already been paid before the show-cause notice. Case-Laws Central Excise Tue, 22 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186828