https://www.taxtmi.com/caselaws?id=288399 In a job-work manufacturing arrangement, excise valuation must be based on the processor's deemed factory-gate value under the Ujagar Prints principle. The assessable value is limited to the cost of raw materials, job work charges, manufacturing expenses, and manufacturing profit attributable to processing. The principal manufacturer's wholesale selling price is not the proper basis where the facts show a job-work arrangement governed by that principle. The text states that valuation was correctly determined on the Ujagar Prints basis rather than on the principal's market price, and the appeal failed. en-us Wed, 10 Jan 1996 00:00:00 +0530 Thu, 04 Jun 2020 15:08:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288399 In a job-work manufacturing arrangement, excise valuation must be based on the processor's deemed factory-gate value under the Ujagar Prints principle. The assessable value is limited to the cost of raw materials, job work charges, manufacturing expenses, and manufacturing profit attributable to processing. The principal manufacturer's wholesale selling price is not the proper basis where the facts show a job-work arrangement governed by that principle. The text states that valuation was correctly determined on the Ujagar Prints basis rather than on the principal's market price, and the appeal failed. Case-Laws Central Excise Wed, 10 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288399