https://www.taxtmi.com/caselaws?id=790439 Captively transferred goods valued on a CAS-4 cost basis require factual verification of whether the cost certificates relate to the relevant manufacturing period; where that linkage is not conclusively established, the valuation issue must be remanded for fresh examination and de novo adjudication. The extended period of limitation cannot be invoked without a clear foundation for wilful suppression, and where the assessee's declared valuation method for captive consumption was within departmental knowledge, the demand is confined to the normal period. The matter was therefore remitted on valuation, and the demand was restricted accordingly. en-us Fri, 24 Apr 2026 00:00:00 +0530 Sat, 25 Apr 2026 08:51:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790439 Captively transferred goods valued on a CAS-4 cost basis require factual verification of whether the cost certificates relate to the relevant manufacturing period; where that linkage is not conclusively established, the valuation issue must be remanded for fresh examination and de novo adjudication. The extended period of limitation cannot be invoked without a clear foundation for wilful suppression, and where the assessee's declared valuation method for captive consumption was within departmental knowledge, the demand is confined to the normal period. The matter was therefore remitted on valuation, and the demand was restricted accordingly. Case-Laws Central Excise Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790439