https://www.taxtmi.com/caselaws?id=370793 Prototype motor vehicles cleared to another unit for roadworthiness testing and certification before commercial production were held not to be captive consumption goods under Rule 8 of the Central Excise Valuation Rules, 2000. Because the prototypes were not consumed in further manufacture and the later commercial vehicles were only subsequent copies of the prototypes, valuation on cost of production basis under Rule 8 read with Rule 11 was inapplicable. Valuation under Rule 4, based on the price of similar goods sold subsequently, was sustained. The departmental challenge to the valuation method therefore failed. en-us Wed, 12 Sep 2018 00:00:00 +0530 Sat, 06 Apr 2019 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370793 Prototype motor vehicles cleared to another unit for roadworthiness testing and certification before commercial production were held not to be captive consumption goods under Rule 8 of the Central Excise Valuation Rules, 2000. Because the prototypes were not consumed in further manufacture and the later commercial vehicles were only subsequent copies of the prototypes, valuation on cost of production basis under Rule 8 read with Rule 11 was inapplicable. Valuation under Rule 4, based on the price of similar goods sold subsequently, was sustained. The departmental challenge to the valuation method therefore failed. Case-Laws Central Excise Wed, 12 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370793