https://www.taxtmi.com/caselaws?id=358108 In job-work valuation, free-supplied raw materials provided by the customer on challans are not includible in the assessable value of the processed goods when the customer has already taken CENVAT credit on those materials. The cited precedent on intermediate goods manufactured by a job worker was applied, and the contrary authorities relied on by the Revenue were treated as distinguishable. The valuation adopted by the lower authorities was therefore set aside and the demand failed, with consequential relief to the assessee. en-us Fri, 02 Mar 2018 00:00:00 +0530 Fri, 06 Apr 2018 07:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358108 In job-work valuation, free-supplied raw materials provided by the customer on challans are not includible in the assessable value of the processed goods when the customer has already taken CENVAT credit on those materials. The cited precedent on intermediate goods manufactured by a job worker was applied, and the contrary authorities relied on by the Revenue were treated as distinguishable. The valuation adopted by the lower authorities was therefore set aside and the demand failed, with consequential relief to the assessee. Case-Laws Central Excise Fri, 02 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358108