https://www.taxtmi.com/caselaws?id=357834 CAS-4 valuation was applied to captive consumption even for the period before 1 July 2000, because the cost-accounting method was treated as applicable retrospectively for determining assessable value; the differential duty demand for that earlier period was set aside in favour of the assessee. For the later period, notional profit could be added to the cost of production where the assessee did not establish a lower margin, and the valuation based on that profit loading was sustained. The appeal succeeded only on the retrospective CAS-4 issue, while the profit-loading element was maintained. en-us Thu, 21 Sep 2017 00:00:00 +0530 Sat, 31 Mar 2018 06:20:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357834 CAS-4 valuation was applied to captive consumption even for the period before 1 July 2000, because the cost-accounting method was treated as applicable retrospectively for determining assessable value; the differential duty demand for that earlier period was set aside in favour of the assessee. For the later period, notional profit could be added to the cost of production where the assessee did not establish a lower margin, and the valuation based on that profit loading was sustained. The appeal succeeded only on the retrospective CAS-4 issue, while the profit-loading element was maintained. Case-Laws Central Excise Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357834