https://www.taxtmi.com/caselaws?id=337571 Residuary valuation under Rule 11 of the Central Excise (Valuation of Price of Excisable Goods) Rules, 2000 requires the adjudicating authority to examine the components of price and record clear reasons for accepting or rejecting the assessee's computation under section 4 of the Central Excise Act, 1944. Where the order-in-original fails to explain the basis for valuation, including objections on transport and baling charges, a differential duty demand on scrap cleared to captive foundries cannot be sustained on that order alone. The matter was remanded for fresh adjudication with reasons. en-us Mon, 19 Dec 2016 00:00:00 +0530 Wed, 31 Jan 2018 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337571 Residuary valuation under Rule 11 of the Central Excise (Valuation of Price of Excisable Goods) Rules, 2000 requires the adjudicating authority to examine the components of price and record clear reasons for accepting or rejecting the assessee's computation under section 4 of the Central Excise Act, 1944. Where the order-in-original fails to explain the basis for valuation, including objections on transport and baling charges, a differential duty demand on scrap cleared to captive foundries cannot be sustained on that order alone. The matter was remanded for fresh adjudication with reasons. Case-Laws Central Excise Mon, 19 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337571