https://www.taxtmi.com/forum/issue?id=111269 Excise liability depends on whether the job worker's operations amount to manufacture: if not, no Cenvat is payable; if yes, duty is payable on the transaction value comprising the principal's raw material cost, materials added by the job worker, job charges and the job worker's profit under the Central Excise Valuation Rules. en-us Mon, 26 Dec 2016 13:28:27 +0530 Thu, 23 Jan 2025 15:56:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111269 Excise liability depends on whether the job worker's operations amount to manufacture: if not, no Cenvat is payable; if yes, duty is payable on the transaction value comprising the principal's raw material cost, materials added by the job worker, job charges and the job worker's profit under the Central Excise Valuation Rules. Discussion-Forum Central Excise Mon, 26 Dec 2016 13:28:27 +0530 https://www.taxtmi.com/forum/issue?id=111269