https://www.taxtmi.com/caselaws?id=344529 In job-work valuation of excisable goods, scrap generated during the process and retained and sold by the job worker is not includable in the assessable value of the finished goods where the job-worked goods are not independently dutiable in the hands of the job worker. The finished goods were assessed on landed raw-material cost plus conversion charges, and the Department's attempt to add scrap value as an additional charge was rejected. The Tribunal followed its earlier view, noted that it had been upheld by the Supreme Court, and held that no loading of scrap value into assessable value was warranted. en-us Mon, 30 Jan 2017 00:00:00 +0530 Tue, 20 Jun 2017 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344529 In job-work valuation of excisable goods, scrap generated during the process and retained and sold by the job worker is not includable in the assessable value of the finished goods where the job-worked goods are not independently dutiable in the hands of the job worker. The finished goods were assessed on landed raw-material cost plus conversion charges, and the Department's attempt to add scrap value as an additional charge was rejected. The Tribunal followed its earlier view, noted that it had been upheld by the Supreme Court, and held that no loading of scrap value into assessable value was warranted. Case-Laws Central Excise Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344529