Central Excise - Scope of the expression 'manufacturing profit, under Rule 6(b) of the Valuation Rules - Question regarding

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....rnment of India Ministry of Finance (Department of Revenue) New Delhi Subject : Central Excise - Scope of the expression 'manufacturing profit, under Rule 6(b) of the Valuation Rules - Question regarding I am directed to refer to Ministry's letter F. No. 6/28/84-CX.1, dated 14-8-1984, in terms of which it had been advised that in cases where assessment is sought to be made under Rule 6....

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.... the instructions in letter F. No. 6/28/84-CX.1, dated 14-8-1984 do not call for any revision, nor is there any necessity for amending the Valuation Rules. Rule 6(b) of the Valuation Rules speaks of two methods of determining assessable value; (i) on the basis of the value of comparable goods produced by the assessee or by any other assessee; and (ii) on the basis of the cost of production includi....