https://www.taxtmi.com/caselaws?id=186892 Captively consumed synthetic organic dyes were valued by applying cost of production with an appropriate profit margin for the purpose of assessable value. The adjudicating authority used the circular-based methodology, relied on available RT-12 data for the month-wise period in dispute, and rejected the Revenue's attempt to derive the cost of concentrated dyes from the selling price of formulated dyes. As the Revenue produced no contrary material to dislodge those findings, the valuation method adopted by the adjudicating authority was upheld and the challenge failed on merits. en-us Thu, 26 Nov 2015 00:00:00 +0530 Tue, 04 Oct 2016 11:14:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186892 Captively consumed synthetic organic dyes were valued by applying cost of production with an appropriate profit margin for the purpose of assessable value. The adjudicating authority used the circular-based methodology, relied on available RT-12 data for the month-wise period in dispute, and rejected the Revenue's attempt to derive the cost of concentrated dyes from the selling price of formulated dyes. As the Revenue produced no contrary material to dislodge those findings, the valuation method adopted by the adjudicating authority was upheld and the challenge failed on merits. Case-Laws Central Excise Thu, 26 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186892