2006 (3) TMI 10

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....ard Shri M.K.Srivastava, learned SDR appearing for the department. 2. The issue involved in this case is valuation of P.C. poles manufactured by the respondents and used in the transmission of electricity by the respondents themselves. The lower appellate authority has set aside the order-in original assessing the goods on the basis of 115% of the cost of production and as directed assessment t....

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....r articles, the value shall be one hundred and ten percent of the cost of production or manufacture of such goods." In the instant case, though the impugned goods are used by the respondents themselves but it is so used for transmission of electricity and not in the production or manufacture of other articles. Hence we are of the view that Rule 8 of the Central Excise (Valuation) Rules, 2000 is....