https://www.taxtmi.com/caselaws?id=337463 Where goods are cleared partly to independent buyers at ex-factory price and partly for captive consumption or inter-unit transfer, valuation cannot be mechanically governed for all clearances by Rule 8 of the Central Excise Valuation Rules, 2000. CESTAT applied the principle that Rule 8 is confined to captively consumed goods and does not control the valuation of goods also sold in the open market. On that basis, the department's lower assessable value for the impugned clearances was not sustained, the demand for duty and interest failed, and the impugned order was set aside. en-us Mon, 19 Dec 2016 00:00:00 +0530 Mon, 09 Jan 2017 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337463 Where goods are cleared partly to independent buyers at ex-factory price and partly for captive consumption or inter-unit transfer, valuation cannot be mechanically governed for all clearances by Rule 8 of the Central Excise Valuation Rules, 2000. CESTAT applied the principle that Rule 8 is confined to captively consumed goods and does not control the valuation of goods also sold in the open market. On that basis, the department's lower assessable value for the impugned clearances was not sustained, the demand for duty and interest failed, and the impugned order was set aside. Case-Laws Central Excise Mon, 19 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337463