https://www.taxtmi.com/caselaws?id=49885 Valuation of processed fabrics cleared by a job worker is to be based on the processor's cost of raw materials, manufacturing cost and profit, as recognised in Ujagar Prints. A relationship between the job worker and the supplier of grey fabrics does not by itself justify adopting the principal manufacturer's resale price. An enhancement is warranted only where the declared manufacturing cost is shown to be false, artificially suppressed, or supported by a flow-back of consideration. On the stated facts, no such material existed, and similar processing for unrelated parties at the same cost supported the declared cost structure. en-us Mon, 24 Jul 2000 00:00:00 +0530 Wed, 18 Aug 2010 11:59:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49885 Valuation of processed fabrics cleared by a job worker is to be based on the processor's cost of raw materials, manufacturing cost and profit, as recognised in Ujagar Prints. A relationship between the job worker and the supplier of grey fabrics does not by itself justify adopting the principal manufacturer's resale price. An enhancement is warranted only where the declared manufacturing cost is shown to be false, artificially suppressed, or supported by a flow-back of consideration. On the stated facts, no such material existed, and similar processing for unrelated parties at the same cost supported the declared cost structure. Case-Laws Central Excise Mon, 24 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49885