Dispute Over Valuation of Lubricating Oils: Assessing Cost of Production at Time of Removal Under Central Excise Rules.

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Full Text of the Document

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....Waiver of pre deposit - manufacture of Lubricating Oils of different grades - Valuation of goods - As such, the assessee ought to have taken the cost of production prevailing during the relevant period of removal of the said goods to their sister units. - AT....