https://www.taxtmi.com/caselaws?id=340344 The Appellate Tribunal CESTAT CHENNAI allowed the appeal in a case concerning the valuation of captively consumed goods under Rule 8 of the Central Excise (Valuation) Rules, 2000. The Tribunal emphasized the necessity of proving excisability and marketability of goods used in manufacturing before applying Rule 8 for valuation. As the Revenue failed to establish these crucial elements, the Tribunal found it inappropriate to invoke Rule 8, ultimately ruling in favor of the appellant. en-us Thu, 05 Jan 2017 00:00:00 +0530 Mon, 20 Mar 2017 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340344 The Appellate Tribunal CESTAT CHENNAI allowed the appeal in a case concerning the valuation of captively consumed goods under Rule 8 of the Central Excise (Valuation) Rules, 2000. The Tribunal emphasized the necessity of proving excisability and marketability of goods used in manufacturing before applying Rule 8 for valuation. As the Revenue failed to establish these crucial elements, the Tribunal found it inappropriate to invoke Rule 8, ultimately ruling in favor of the appellant. Case-Laws Central Excise Thu, 05 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340344