https://www.taxtmi.com/caselaws?id=50209 The Appellate Tribunal CEGAT, Mumbai, allowed the appeal in the case concerning the valuation of captively consumed goods for duty calculation. The Tribunal ruled in favor of the appellant, a manufacturer of purified terephthalic acid (PTA), holding that the cost of packing should be excluded for PTA cleared for captive consumption when not packed. The Tribunal emphasized the distinction between goods cleared for home consumption and those consumed internally, following the Supreme Court's precedent in Hindustan Polymers v. CCE. The judgment clarified the valuation principles, affirming the exclusion of packing costs for goods cleared unpacked and validating the appellant's arguments on duty calculation for in-house consumption of PTA. en-us Wed, 25 Oct 2000 00:00:00 +0530 Fri, 20 Aug 2010 13:24:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50209 The Appellate Tribunal CEGAT, Mumbai, allowed the appeal in the case concerning the valuation of captively consumed goods for duty calculation. The Tribunal ruled in favor of the appellant, a manufacturer of purified terephthalic acid (PTA), holding that the cost of packing should be excluded for PTA cleared for captive consumption when not packed. The Tribunal emphasized the distinction between goods cleared for home consumption and those consumed internally, following the Supreme Court's precedent in Hindustan Polymers v. CCE. The judgment clarified the valuation principles, affirming the exclusion of packing costs for goods cleared unpacked and validating the appellant's arguments on duty calculation for in-house consumption of PTA. Case-Laws Central Excise Wed, 25 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50209