https://www.taxtmi.com/caselaws?id=461068 The Court set aside the impugned order and allowed the appeal, providing consequential relief to the appellant concerning job work for M/s. Nestle. It rejected the Revenue's application of Rule 8 of the Central Excise Valuation Rules, 2000, confirming that the Ujagar Prints formula should be used for assessing the value of goods manufactured on a job work basis. The Court determined that neither Rule 10A(iii) nor Rule 8 applied in this context, and the correctness of the value adopted using the Ujagar Prints formula was left for future verification by the Revenue. en-us Tue, 21 Jul 2015 00:00:00 +0530 Mon, 10 Mar 2025 22:14:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461068 The Court set aside the impugned order and allowed the appeal, providing consequential relief to the appellant concerning job work for M/s. Nestle. It rejected the Revenue's application of Rule 8 of the Central Excise Valuation Rules, 2000, confirming that the Ujagar Prints formula should be used for assessing the value of goods manufactured on a job work basis. The Court determined that neither Rule 10A(iii) nor Rule 8 applied in this context, and the correctness of the value adopted using the Ujagar Prints formula was left for future verification by the Revenue. Case-Laws Central Excise Tue, 21 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461068