https://www.taxtmi.com/caselaws?id=50411 Goods manufactured on job work basis under central excise are to be valued on the cost of materials used plus job work charges, not by reference to the price of comparable goods manufactured by the same manufacturer. Rule 6(b)(i) of the Central Excise (Valuation) Rules, 1975 is described as applicable to captive use by a manufacturer, not to job work production. The text also notes that an earlier Tribunal view, upheld by the Supreme Court, supports this approach, while the later decision relied on by the Revenue is not treated as authority for comparable-goods valuation in job work cases. en-us Mon, 11 Dec 2000 00:00:00 +0530 Sat, 21 Aug 2010 15:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50411 Goods manufactured on job work basis under central excise are to be valued on the cost of materials used plus job work charges, not by reference to the price of comparable goods manufactured by the same manufacturer. Rule 6(b)(i) of the Central Excise (Valuation) Rules, 1975 is described as applicable to captive use by a manufacturer, not to job work production. The text also notes that an earlier Tribunal view, upheld by the Supreme Court, supports this approach, while the later decision relied on by the Revenue is not treated as authority for comparable-goods valuation in job work cases. Case-Laws Central Excise Mon, 11 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50411