2006 (1) TMI 638

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....question which falls for adjudication is whether the cost of scrap sold by respondent No. 1 is includible in the value of components manufactured by it. It is undisputed that the raw-material was supplied to respondent No. 1 by the Company on whose behalf the components were purportedly being manufactured. While hearing the matter on 9-3-2005, a three Judge Bench of this Court felt that it would b....

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....st Zonal Bench at Mumbai (in short 'the Tribunal'), in view of the various aspects relating to costing involved as highlighted by the Cost Accountant in his Report. This has also become necessary because according to learned counsel for the respondent, the Report is in its favour while learned counsel for the Revenue submits that there are some areas which need to be clarified and this can be effe....