Scrap Value Excluded from Assessable Value in Job Work for Tractor Parts Manufacturing Under Excisable Goods Rules.

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....Valuation of Excisable Goods - scrap generated during the course of manufacture of tractor parts on job work basis - The scrap generated during the process of manufacture has been cleared by them on payment of appropriate duty. The scrap is generated after the process of manufacture and the same is not includible in the assessable value of the goods cleared by the job worker to the principal manufacturer. - AT....