https://www.taxtmi.com/caselaws?id=294642 In valuation of goods manufactured on job-work basis, assessable value is confined to the landed cost of raw materials plus conversion charges, including the job-worker's margin of profit; the supplier's overheads and downstream sale price are not part of the assessable value. The Tribunal noted that the material on record, including the Chartered Accountant's certificate and invoices, supported inclusion of freight and transit insurance in landed cost, but limited verification of sample invoices was still required. The matter was therefore remanded only for that factual verification. en-us Thu, 11 Jul 2019 00:00:00 +0530 Mon, 26 Apr 2021 10:16:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294642 In valuation of goods manufactured on job-work basis, assessable value is confined to the landed cost of raw materials plus conversion charges, including the job-worker's margin of profit; the supplier's overheads and downstream sale price are not part of the assessable value. The Tribunal noted that the material on record, including the Chartered Accountant's certificate and invoices, supported inclusion of freight and transit insurance in landed cost, but limited verification of sample invoices was still required. The matter was therefore remanded only for that factual verification. Case-Laws Central Excise Thu, 11 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294642