E/1021, 1022/2000 MUN.
The statement indicated the companyt of edible and packing material used in the manufacture including its overheads.
He added the total expenses of the companypany as shown in the balance sheet and deducted the companyt material.
No part of these products are sold by the respondent.
The Commissioner Appeals also relied on the circular dated 30.10.1996 issued by the Board relating to captively companysumed goods.
A separate statement in support of the profit added was formulated and these assessments were provisionally approved.
At the time of the finalization of the assessment, the department took the view that the value of the goods should include the labour companyt, direct expenses, total factory expense, administration expenses, travelling expense, insurance premium, advertising expense and interest.
The Assistant Commissioner added these elements to the declared value.
A percentage of this companyt of the remaining figure was treated as the factor by which the assessable value should be increased.
The respondent had sought valuation of these goods under Rule 6 b ii of the Central Excise Valuation Rules, which provides for basing the valuation on such goods on the companyt of production on manufacture including profits, if any, the assessee would have earned in the sale of such goods.
The question involved in these appeals is about the valuation of milk crumbs, refined milk chocolate and four other products manufactured by the respondent M s. Cadbury India Limited, in its factory at Induri, Pune and captively companysumed in that factory and other factories of the respondent in the manufacture of chocolate.
Heard learned companynsel for the parties.
with Civil Appeal Nos.1856 1857/2002, 5232 5233/2003,1425/2005 and 2878 2879/2005 MARKANDEY KATJU, J. Civil Appeals Nos.
The assessee had showed the price of these goods supported by a statement verified by a chartered accountant.
2947 2948/2001 have been filed against the impugned final order dated 28.9.2000 passed by the Customs Excise and Gold Control Appellate Tribunal, West Regional Bench at Mumbai in Appeal No.
