https://www.taxtmi.com/caselaws?id=49908 In job-work valuation of processed grey fabric, the declared selling price furnished by the trader was treated as the proper basis, and the excise authorities were not entitled to reopen that value by probing the trader's alleged profit or undervaluation; the additional duty demand on this ground was unsustainable. On limitation, the notice was issued well beyond six months, the Department already had the relevant facts, and the extended period was unavailable; the demand was therefore barred by limitation. The adjudication order was set aside and consequential relief followed. en-us Wed, 06 Sep 2000 00:00:00 +0530 Wed, 18 Aug 2010 13:39:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49908 In job-work valuation of processed grey fabric, the declared selling price furnished by the trader was treated as the proper basis, and the excise authorities were not entitled to reopen that value by probing the trader's alleged profit or undervaluation; the additional duty demand on this ground was unsustainable. On limitation, the notice was issued well beyond six months, the Department already had the relevant facts, and the extended period was unavailable; the demand was therefore barred by limitation. The adjudication order was set aside and consequential relief followed. Case-Laws Central Excise Wed, 06 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49908