https://www.taxtmi.com/caselaws?id=54576 Valuation of semi-finished goods cleared to a sister unit had to be based on manufacturing cost plus a reasonable notional profit on the intermediate goods themselves; the profit margin of the final products could not be imported into that assessment, so the lower valuation method was rejected. A refund of pre-deposit arising from a successful appeal could not be appropriated against a separate demand that was still under appellate challenge, so the sanctioned refund remained payable to the assessee. en-us Mon, 22 Aug 2005 00:00:00 +0530 Thu, 21 Oct 2010 09:51:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54576 Valuation of semi-finished goods cleared to a sister unit had to be based on manufacturing cost plus a reasonable notional profit on the intermediate goods themselves; the profit margin of the final products could not be imported into that assessment, so the lower valuation method was rejected. A refund of pre-deposit arising from a successful appeal could not be appropriated against a separate demand that was still under appellate challenge, so the sanctioned refund remained payable to the assessee. Case-Laws Central Excise Mon, 22 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54576