Captively consumed goods partly cleared to DTA to be valued u/s 4

CA Urvashi Porwal Brief of the Case In the case of Eastman Spinning Mills (P) Ltd. v. Commissioner of Central Excise,Madura, it was held that that in case of captive consumption, the valuation would be done under Rule 8 and if same goods are partly sold by the assessee then such goods should be assessed on the basis of transaction value and duty to be determined as per Section 4 for each removal. Facts of the Case The brief facts of the case are that appellants are manufacturers of cotton yarn and cleared on payment of Excise duty. The finished goods were partly cleared to their own partnershi...