https://www.taxtmi.com/caselaws?id=356983 The Tribunal upheld the impugned order, dismissing the Revenue's appeal regarding the valuation of goods captively consumed by the respondent-assessee. The Tribunal determined that duty payment for captively consumed goods should be based on the transaction value of goods cleared to independent buyers, rather than the cost construction method at 110% of CAS-4 value as contended by the Revenue. By paying duty in accordance with the transaction value, the respondent-assessee complied with the applicable rules, leading to the dismissal of the Revenue's appeal. en-us Fri, 19 Jan 2018 00:00:00 +0530 Mon, 18 Mar 2019 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356983 The Tribunal upheld the impugned order, dismissing the Revenue's appeal regarding the valuation of goods captively consumed by the respondent-assessee. The Tribunal determined that duty payment for captively consumed goods should be based on the transaction value of goods cleared to independent buyers, rather than the cost construction method at 110% of CAS-4 value as contended by the Revenue. By paying duty in accordance with the transaction value, the respondent-assessee complied with the applicable rules, leading to the dismissal of the Revenue's appeal. Case-Laws Central Excise Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356983