https://www.taxtmi.com/caselaws?id=336613 In a job-work arrangement governed by Notification No. 214 of 1986, the value of goods received on challans for processing could not be added to the assessable value of the manufacturer's own cleared goods. The processing goods were returned to the principal after endorsement on the challans, completing that transaction, and central excise law provided no basis to load their value into the assessee's manufactured outer component. The Revenue's cited precedent was found inapplicable. On that footing, the duty demands, penalties, and related interest based on the show cause notices were unsustainable and were set aside with consequential relief. en-us Wed, 28 Sep 2016 00:00:00 +0530 Tue, 30 Jan 2018 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336613 In a job-work arrangement governed by Notification No. 214 of 1986, the value of goods received on challans for processing could not be added to the assessable value of the manufacturer's own cleared goods. The processing goods were returned to the principal after endorsement on the challans, completing that transaction, and central excise law provided no basis to load their value into the assessee's manufactured outer component. The Revenue's cited precedent was found inapplicable. On that footing, the duty demands, penalties, and related interest based on the show cause notices were unsustainable and were set aside with consequential relief. Case-Laws Central Excise Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336613