2014 (3) TMI 666

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.... Kumar, JC (AR), for the Respondent. ORDER The appellant is engaged in the business of doing job work on iron and steel products that go into the manufacture of motor vehicle parts. In this process, they are receiving raw material from the manufacturer of components of motor vehicles and they do the job work on such raw material. The dispute involved in this appeal is as to the value to be a....

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....not applicable on a plain reading of the sub-clauses. Revenue is wanting to make sub-rule (iii) applicable. Under the said rule, it is provided that, when the sub-clauses (i) and (ii) are not applicable, then provisions of preceding rules would apply mutatis mutandis for determination of value of excisable goods. 3. The contention of the Revenue is that Rule 8 read with Rule 11 will apply where....

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....h case the amount of Rs. 27.30 lakhs would become not payable. The balance amount is only around Rs. 21.5 lakhs out of which, the ld. counsel is willing to deposit Rs. 10.5 lakhs for the purpose of hearing the appeal. 4. Opposing the prayer, the learned Authorized Representative submits that sub-rule (iii) of Rule 10A makes it very clear that when other provisions do not apply, the principles e....