2024 (11) TMI 1474

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....PAZHAKAN, MEMBER (TECHNICAL) Shri Tarun Chatterjee, Advocate Assisted by Shri Raju Mondal, Advocate and Ms. Sneha Das, Consultant For the Appellant Shri S.K. Singh, Authorized Representative for the Respondent ORDER [PER SHRI R. MURALIDHAR] The facts of the case are that the Appellant is a manufacturer of various steel items falling under Chapter 73 of the Central Excise Tariff Act,....

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.... in lower payment of excise duty. 1.2. Accordingly, a Show Cause Notice was issued and after due process, the ld. adjudicating authority confirmed the demand vide the impugned order. 2. The Appellant, being aggrieved by the impugned order, is before the Tribunal. 3. The Ld. Advocate appearing on behalf of the Appellant submits that the Appellant has correctly adopted the procedure prescri....

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....be eligible as CENVAT Credit at the end of the other unit. 3.3. In view of these submissions, he prays that the appeal may be allowed on merits. 3.4. He further contests the confirmed demand on account of time bar. 3.5. The appellant has been adopting the assessable value based on the CAS-4 certificate issued by the cost accountant and the clearances to their own units along with assessab....

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....ed before us. 6. Rule 8 of the Valuation Rules reads as under: - "Rule 8. Where whole or part of the excisable goods are not sold by the assessee but are used for consumption by him or on his behalf in the production or manufacture of other articles, the value of such goods that are consumed shall be one hundred and ten per cent of the cost of production or manufacture of such goods." ....