https://www.taxtmi.com/caselaws?id=373802 The Tribunal allowed the appeal in favor of the appellant in a valuation dispute concerning wall putty manufacturing. It determined that the appellant operated as an independent manufacturer, not a job worker, based on the principal-to-principal nature of the agreement, independent sourcing of raw materials, and absence of direct supply of inputs by the buyer. The Tribunal emphasized that Rule 10A of the Valuation Rules was inapplicable, setting aside the impugned order and providing relief to the appellant. The Revenue expressed intent to appeal to the Supreme Court, indicating potential further legal proceedings. en-us Mon, 26 Nov 2018 00:00:00 +0530 Fri, 06 Nov 2020 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373802 The Tribunal allowed the appeal in favor of the appellant in a valuation dispute concerning wall putty manufacturing. It determined that the appellant operated as an independent manufacturer, not a job worker, based on the principal-to-principal nature of the agreement, independent sourcing of raw materials, and absence of direct supply of inputs by the buyer. The Tribunal emphasized that Rule 10A of the Valuation Rules was inapplicable, setting aside the impugned order and providing relief to the appellant. The Revenue expressed intent to appeal to the Supreme Court, indicating potential further legal proceedings. Case-Laws Central Excise Mon, 26 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373802