https://www.taxtmi.com/caselaws?id=54525 Goods manufactured on a genuine job-work basis between separate principal and job worker entities are assessable on landed cost of raw materials plus processing charges, including the job worker's profit, and not under Rule 7 on depot sale price, because that rule applies where the assessee sells its own goods through depots. Commission earned by the job worker in a separate consignment agency capacity is not includible in assessable value when it has no nexus with manufacture and is only selling expenditure in the principal's hands. Once the valuation basis was upheld, the duty demand, interest and penalties could not survive and were set aside. en-us Fri, 05 Aug 2005 00:00:00 +0530 Wed, 20 Oct 2010 15:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54525 Goods manufactured on a genuine job-work basis between separate principal and job worker entities are assessable on landed cost of raw materials plus processing charges, including the job worker's profit, and not under Rule 7 on depot sale price, because that rule applies where the assessee sells its own goods through depots. Commission earned by the job worker in a separate consignment agency capacity is not includible in assessable value when it has no nexus with manufacture and is only selling expenditure in the principal's hands. Once the valuation basis was upheld, the duty demand, interest and penalties could not survive and were set aside. Case-Laws Central Excise Fri, 05 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54525