https://www.taxtmi.com/caselaws?id=766876 Where excisable clinkers are transferred to sister concerns for captive use but part of the production is also sold to independent buyers, valuation follows Rule 4 read with Rule 11 of the Central Excise Valuation Rules, not Rule 8. The text treats the statutory valuation scheme under Section 4 of the Central Excise Act as controlling and notes that later amendment No. 14/2013-CE (NT) did not change the position for the period in dispute. Revenue neutrality is described only as relevant to intention and not as a substitute for the prescribed valuation method. Penalty was considered unsustainable in this valuation dispute and was set aside. en-us Mon, 24 Feb 2025 00:00:00 +0530 Thu, 06 Mar 2025 07:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766876 Where excisable clinkers are transferred to sister concerns for captive use but part of the production is also sold to independent buyers, valuation follows Rule 4 read with Rule 11 of the Central Excise Valuation Rules, not Rule 8. The text treats the statutory valuation scheme under Section 4 of the Central Excise Act as controlling and notes that later amendment No. 14/2013-CE (NT) did not change the position for the period in dispute. Revenue neutrality is described only as relevant to intention and not as a substitute for the prescribed valuation method. Penalty was considered unsustainable in this valuation dispute and was set aside. Case-Laws Central Excise Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766876