https://www.taxtmi.com/caselaws?id=763152 In a job-work arrangement where the principal manufacturer supplies inputs and clears the final product on duty, the cost of those principal-supplied inputs is not includible in the assessable value of the intermediate goods manufactured by the job worker. Applying earlier Supreme Court principles, the valuation of the job-worked goods had to be confined to the value attributable to the job worker's manufacture, so the demand against the job worker could not be sustained. The extended limitation plea was not separately decided because the valuation issue itself was resolved in favour of the appellant, and the assessment demand was set aside. en-us Tue, 10 Dec 2024 00:00:00 +0530 Fri, 13 Dec 2024 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763152 In a job-work arrangement where the principal manufacturer supplies inputs and clears the final product on duty, the cost of those principal-supplied inputs is not includible in the assessable value of the intermediate goods manufactured by the job worker. Applying earlier Supreme Court principles, the valuation of the job-worked goods had to be confined to the value attributable to the job worker's manufacture, so the demand against the job worker could not be sustained. The extended limitation plea was not separately decided because the valuation issue itself was resolved in favour of the appellant, and the assessment demand was set aside. Case-Laws Central Excise Tue, 10 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763152