https://www.taxtmi.com/caselaws?id=769880 CESTAT Ahmedabad allowed the appeal regarding valuation of waste and scrap generated during manufacturing. The tribunal held that for captively consumed waste/scrap, assessable value should be based on transaction value with independent buyers at factory gate, not cost construction method under Rule 8. Following SC precedent in Ispat Industries, the tribunal rejected department's demand based on Rule 8 valuation, distinguishing Cadbury India case where goods were 100% captively consumed without any external sales for reference pricing. en-us Fri, 25 Apr 2025 00:00:00 +0530 Sat, 03 May 2025 08:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769880 CESTAT Ahmedabad allowed the appeal regarding valuation of waste and scrap generated during manufacturing. The tribunal held that for captively consumed waste/scrap, assessable value should be based on transaction value with independent buyers at factory gate, not cost construction method under Rule 8. Following SC precedent in Ispat Industries, the tribunal rejected department's demand based on Rule 8 valuation, distinguishing Cadbury India case where goods were 100% captively consumed without any external sales for reference pricing. Case-Laws Central Excise Fri, 25 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769880