2018 (12) TMI 7

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.... Shri P.S. Reddy, Asst. Commissioner/AR for the Respondent. ORDER Per: M.V. Ravindran. 1. This appeal is directed against the Order-in-Appeal No.23/2008 (H-IV) CE dated 31.03.2008. 2. Heard both sides and perused the records. 3. On perusal of records, we notice that the issue is regarding valuation of P or P medicaments during the period 21.05.2004 to 08.01.2005. 4. Appellant her....

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....tral Excise duty which has to be paid by the appellant should be based upon the value of raw material in hands of appellant (+) value of job work done (+) manufacturing profit and manufacturing expenses but held that appellant having not done so, cannot claim the deduction of discounts extended by the said M/s Uni-Sankyo Ltd. 5. Learned counsel submits that the issue is now squarely covered by ....

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.... a sum total of cost of raw material, labour charges and profit of the job workers, as per Circular No. 619/10/2002-CX., dated 19th February, 2002 and the law laid down by this Court in the case of Pawan Biscuits (supra) and other cases. In such a case, the price at which the respondent brand owner sells its goods would not be the assessable value because the duty is to be paid at the stage at whi....