https://www.taxtmi.com/caselaws?id=776066 The CESTAT Chennai held that Rule 6(b)(ii) of the Valuation Rules does not apply to imported raw materials that were not manufactured by either unit and used as inputs without undergoing any process to become excisable goods. The routing of imported raw materials through one unit before being received by the appellant unit does not justify loading notional profit. Since there was no evidence of any process converting the raw materials into excisable goods before inter-unit transfer, the loading of notional profit was unwarranted. The impugned order directing such loading was set aside, and the appeal was allowed. en-us Mon, 04 Aug 2025 00:00:00 +0530 Tue, 05 Aug 2025 07:54:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776066 The CESTAT Chennai held that Rule 6(b)(ii) of the Valuation Rules does not apply to imported raw materials that were not manufactured by either unit and used as inputs without undergoing any process to become excisable goods. The routing of imported raw materials through one unit before being received by the appellant unit does not justify loading notional profit. Since there was no evidence of any process converting the raw materials into excisable goods before inter-unit transfer, the loading of notional profit was unwarranted. The impugned order directing such loading was set aside, and the appeal was allowed. Case-Laws Central Excise Mon, 04 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776066