https://www.taxtmi.com/caselaws?id=765459 Amortised value of customer-supplied moulds used in job work is not includible in the assessable value of finished goods where the mould cost has already been amortised under the commercial arrangement. Valuation under the Central Excise Act and applicable valuation rules follows the principle applied in International Auto; contrary authorities may be distinguished on their facts. Movement of moulds under job work challans supports treatment within that valuation framework. Consequently, duty demand, interest and penalty based on adding the amortised mould value are unsustainable, and the impugned order is set aside with consequential relief. en-us Fri, 10 Jan 2025 00:00:00 +0530 Sat, 01 Feb 2025 08:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765459 Amortised value of customer-supplied moulds used in job work is not includible in the assessable value of finished goods where the mould cost has already been amortised under the commercial arrangement. Valuation under the Central Excise Act and applicable valuation rules follows the principle applied in International Auto; contrary authorities may be distinguished on their facts. Movement of moulds under job work challans supports treatment within that valuation framework. Consequently, duty demand, interest and penalty based on adding the amortised mould value are unsustainable, and the impugned order is set aside with consequential relief. Case-Laws Central Excise Fri, 10 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765459