Commissioner Of Central Excise, ... vs Ipf Vikram India Ltd.

The Supreme Court addressed the valuation of goods for Central Excise Duty under the Central Excise Tariff Act, 1985, specifically under Section 4 and Section 4A. The Court upheld the Tribunal's decision that the amendment in the definition of 'place of removal' did not affect the valuation method applicable to job workers, allowing for valuation based on comparable goods or cost of manufacture. The Court confirmed the Tribunal's ruling that the Assessee's duty liability was correctly assessed and that the earlier decision in the Assessee's own case was not applicable due to the amendment.