https://www.taxtmi.com/caselaws?id=52743 A manufacturing unit was treated as an independent job worker rather than hired labour of the raw material supplier because it operated on its own land, with its own finance, and bore its own profit and loss. The supplier's provision of know-how and technical assistance did not, by itself, make the unit employee-like or subject to the supplier's day-to-day control. On those facts, the applicable excise valuation basis was job-work valuation, not the supplier's wholesale sale price. The contrary finding that the unit was merely hired labour was rejected, and the demand, penalties, and valuation adopted by the adjudicating authority could not be sustained. en-us Fri, 27 Feb 2004 00:00:00 +0530 Mon, 24 Jun 2024 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52743 A manufacturing unit was treated as an independent job worker rather than hired labour of the raw material supplier because it operated on its own land, with its own finance, and bore its own profit and loss. The supplier's provision of know-how and technical assistance did not, by itself, make the unit employee-like or subject to the supplier's day-to-day control. On those facts, the applicable excise valuation basis was job-work valuation, not the supplier's wholesale sale price. The contrary finding that the unit was merely hired labour was rejected, and the demand, penalties, and valuation adopted by the adjudicating authority could not be sustained. Case-Laws Central Excise Fri, 27 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52743