Valuation Dispute: Duty Payment on Lower Assessable Value by Excluding Scrap Value in Manufacturing Process Under CAS-4.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Valuation - payment of duty on a lesser assessable value by not including the value of scrap generated during the course of manufacture and retained by themselves as consideration towards job charges - for determining the cost of production of the captively consumed goods, CAS-4 has to be applied which has been done by the appellant. - AT....