https://www.taxtmi.com/caselaws?id=52887 For pre-deposit purposes, corporate office expenses and selling and distribution expenses were examined on the question whether they were prima facie includible in the assessable value of captively consumed goods. The later Board circular dated 13-2-2003 supported the view that corporate office expenses were not includible in the cost calculation, and CAS-4 was noted as excluding administrative overheads, including marketing and corporate office expenses, from cost. On that basis, pre-deposit of duty and penalty was waived and the appeals were directed to proceed on merits. en-us Fri, 07 May 2004 00:00:00 +0530 Fri, 08 Oct 2010 12:27:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52887 For pre-deposit purposes, corporate office expenses and selling and distribution expenses were examined on the question whether they were prima facie includible in the assessable value of captively consumed goods. The later Board circular dated 13-2-2003 supported the view that corporate office expenses were not includible in the cost calculation, and CAS-4 was noted as excluding administrative overheads, including marketing and corporate office expenses, from cost. On that basis, pre-deposit of duty and penalty was waived and the appeals were directed to proceed on merits. Case-Laws Central Excise Fri, 07 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52887