TaxTMI 
TaxTMI 
valuation of goods captively consumed
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....aluation of goods captively consumed<br> Query (Issue) Started By: - Dalia Felix Dated:- 25-5-2012 Last Reply Date:- 25-5-2012 Central Excise<br>Got 1 Reply<br>Central Excise<br>hai all, i request yo....
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....ur suggestions on: * as per rule 8 (valuation rules) what is the % to be added to cost of production (10 or 15) * when goods are partially sold and partially consumed, how valuation for Excise dut....
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....y purposes be done-is it as per circular 643/34/2002-CX dated 1-7-2002 or as decided by Ispat Industries Ltd., Vs. CCE, Raigad ? As per the circular, goods sold @transaction value and consumed goods a....
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....s per Rule 8. As per the case law all at transaction value. which is to be followed now? the latest guidance notes issued by ICWAI recommends to follow the circular. Any latest case/clarification note....
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....d by you? * whether captive consumption exemption is available to removals to various units under the same manufacturer, even when the units are not within the same premises Reply By Pradeep Khatri....
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....: The Reply: Dear Felix, * It would be cost + 10%. * if you are consuming say 20% @ Rs. 50 and selling 80% @ say Rs.65, then, assessable value @ Rs.65 will prevail. * Even in the scenairo, cost....
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.... +10% will prevail subject to reply no. 2. Best Regards, Pradeep Khatri<br> Discussion Forum - Knowledge Sharing ....