https://www.taxtmi.com/caselaws?id=46712 PCC poles manufactured and consumed by the Electricity Board for transmission work could not have their assessable value enhanced by adding a notional 10 per cent profit. The proposed uplift rested on an assumption of job work or commercial dealing, but the factual matrix showed no sale, no business transaction, and no assignment of work to another person earning such margin. On that basis, the valuation approach adopted by the authorities and the Tribunal was unsustainable, and the 10 per cent profit addition was deleted. en-us Thu, 30 Oct 2003 00:00:00 +0530 Tue, 29 Apr 2014 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46712 PCC poles manufactured and consumed by the Electricity Board for transmission work could not have their assessable value enhanced by adding a notional 10 per cent profit. The proposed uplift rested on an assumption of job work or commercial dealing, but the factual matrix showed no sale, no business transaction, and no assignment of work to another person earning such margin. On that basis, the valuation approach adopted by the authorities and the Tribunal was unsustainable, and the 10 per cent profit addition was deleted. Case-Laws Central Excise Thu, 30 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46712