https://www.taxtmi.com/caselaws?id=750603 For captive clearances and inter-unit transfers of excisable goods within the same assessee, Rule 8 of the Central Excise Valuation Rules, 2000 requires assessable value to be taken at 110% of the cost of production or manufacture, computed in accordance with CAS-4. The Tribunal treated the Board circular on CAS-4 computation as applicable for the period in question and noted that cost components include material consumed, duties and taxes, freight, and similar procurement expenses. On that basis, the department's valuation method, which reflected the supplying unit's loaded cost structure, was accepted and the demand for duty, interest, and penalty was sustained. en-us Fri, 22 Mar 2024 00:00:00 +0530 Sat, 23 Mar 2024 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750603 For captive clearances and inter-unit transfers of excisable goods within the same assessee, Rule 8 of the Central Excise Valuation Rules, 2000 requires assessable value to be taken at 110% of the cost of production or manufacture, computed in accordance with CAS-4. The Tribunal treated the Board circular on CAS-4 computation as applicable for the period in question and noted that cost components include material consumed, duties and taxes, freight, and similar procurement expenses. On that basis, the department's valuation method, which reflected the supplying unit's loaded cost structure, was accepted and the demand for duty, interest, and penalty was sustained. Case-Laws Central Excise Fri, 22 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750603