https://www.taxtmi.com/caselaws?id=336391 Inter-unit clearances were stated to be valued under the Larger Bench ruling in I.T.C. Ltd., and job-worked goods cleared from the Belur Unit were to be valued in line with Ujagar Prints, with the matter remanded for factual re-adjudication and fresh evidence. The MODVAT credit element was also directed to be re-examined in light of Dai Ichi Karkaria for proper excise valuation. The appeals were disposed of by sending the valuation and credit issues back for reconsideration, with directions for a reasoned order after hearing the appellant. en-us Wed, 20 Jul 2016 00:00:00 +0530 Wed, 21 Dec 2016 09:48:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336391 Inter-unit clearances were stated to be valued under the Larger Bench ruling in I.T.C. Ltd., and job-worked goods cleared from the Belur Unit were to be valued in line with Ujagar Prints, with the matter remanded for factual re-adjudication and fresh evidence. The MODVAT credit element was also directed to be re-examined in light of Dai Ichi Karkaria for proper excise valuation. The appeals were disposed of by sending the valuation and credit issues back for reconsideration, with directions for a reasoned order after hearing the appellant. Case-Laws Central Excise Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336391