https://www.taxtmi.com/caselaws?id=53663 For stock transfers of rubber compound to another unit of the same manufacturer, assessable value must be determined under the valuation rules and CAS-4 cost principles, with non-manufacturing administrative overheads and selling expenses excluded. Where the record does not clearly show that the department's cost data applied that basis, fresh computation is required. A challenge to marketability and excisability cannot be raised at the appellate stage when the original dispute and adjudication were confined to undervaluation. The valuation issue was remanded for recalculation, while the marketability objection was rejected. en-us Tue, 17 Aug 2004 00:00:00 +0530 Mon, 10 Jun 2024 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53663 For stock transfers of rubber compound to another unit of the same manufacturer, assessable value must be determined under the valuation rules and CAS-4 cost principles, with non-manufacturing administrative overheads and selling expenses excluded. Where the record does not clearly show that the department's cost data applied that basis, fresh computation is required. A challenge to marketability and excisability cannot be raised at the appellate stage when the original dispute and adjudication were confined to undervaluation. The valuation issue was remanded for recalculation, while the marketability objection was rejected. Case-Laws Central Excise Tue, 17 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53663