Following information is provided in respect of manufacture of a product 'X' for the purpose of captive consumption in the same factory: ₹ Cost of direct material (includes central excise duty ₹1,854) 16,854 Cost of dire

Following information is provided in respect of manufacture of a product 'X' for the purpose of captive consumption in the same factory: ₹ Cost of direct material (includes central excise duty ₹1,854) 16,854 Cost of direct employees 12,300 Consumable stores and repairs 8,400 Quality control cost 4,300 Research and development cost 2,700 Administrative cost: Production related 3,000 Others 1,500 Selling and distribution cost 3,600 Scrap value realised 1,500 Note: CENVAT credit of the excise duty so paid is available. Determine the assessable value for the purpose of levy of central excise duty giving working notes wherever required.