https://www.taxtmi.com/caselaws?id=370556 Rule 8 of the Central Excise Valuation Rules, 2000 was discussed in relation to job-work clearances, where goods were valued on raw material cost, manufacturing cost, job work charges and profit margin. The text states that the later reworking of raw material cost led to a differential duty issue, but the additional duty had already been paid and was available as credit to the buyer, creating revenue neutrality. It further states that Rule 8 does not apply to valuation of goods manufactured on job work basis. On that basis, the demand and penalty were held not sustainable and the impugned order was set aside with consequential relief. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:44:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370556 Rule 8 of the Central Excise Valuation Rules, 2000 was discussed in relation to job-work clearances, where goods were valued on raw material cost, manufacturing cost, job work charges and profit margin. The text states that the later reworking of raw material cost led to a differential duty issue, but the additional duty had already been paid and was available as credit to the buyer, creating revenue neutrality. It further states that Rule 8 does not apply to valuation of goods manufactured on job work basis. On that basis, the demand and penalty were held not sustainable and the impugned order was set aside with consequential relief. Case-Laws Central Excise Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370556