https://www.taxtmi.com/caselaws?id=52025 The Appellate Tribunal CESTAT, Kolkata set aside the Commissioner's order in a case involving the valuation of goods manufactured by the appellants and sent to sister concerns. The Tribunal held that only the expenses of the unit manufacturing the product should be considered for valuation, not those of other units or profits made by other units. The matter was remanded for re-adjudication following established principles, with directions to consider Circular No. 692/8/2003-CX for determining the cost of production of captively consumed goods. The appeal was allowed by way of remand, with the issue of duty being revenue-neutral and the point of limitation left open for further consideration. en-us Mon, 07 Jul 2003 00:00:00 +0530 Thu, 30 Sep 2010 11:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52025 The Appellate Tribunal CESTAT, Kolkata set aside the Commissioner's order in a case involving the valuation of goods manufactured by the appellants and sent to sister concerns. The Tribunal held that only the expenses of the unit manufacturing the product should be considered for valuation, not those of other units or profits made by other units. The matter was remanded for re-adjudication following established principles, with directions to consider Circular No. 692/8/2003-CX for determining the cost of production of captively consumed goods. The appeal was allowed by way of remand, with the issue of duty being revenue-neutral and the point of limitation left open for further consideration. Case-Laws Central Excise Mon, 07 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52025