https://www.taxtmi.com/caselaws?id=54491 Comparable-goods valuation under the excise rules must be applied before resorting to cost-of-production where comparable price data is available; any necessary adjustments should be made within that method rather than moving immediately to the residual basis. Clearance of spent anode, waste and scrap for re-processing may be covered by the job-work procedure when the prescribed process and return disclosures are followed. On limitation, disclosed valuation details and revenue-neutrality can negate suppression and intent to evade, so the extended period and related penalties are not sustainable. en-us Fri, 27 May 2005 00:00:00 +0530 Wed, 20 Oct 2010 13:02:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54491 Comparable-goods valuation under the excise rules must be applied before resorting to cost-of-production where comparable price data is available; any necessary adjustments should be made within that method rather than moving immediately to the residual basis. Clearance of spent anode, waste and scrap for re-processing may be covered by the job-work procedure when the prescribed process and return disclosures are followed. On limitation, disclosed valuation details and revenue-neutrality can negate suppression and intent to evade, so the extended period and related penalties are not sustainable. Case-Laws Central Excise Fri, 27 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54491