https://www.taxtmi.com/caselaws?id=74323 For excise valuation, the decisive factor is the character of the transaction and the buyer's intended use of the goods, not the product's price, technology or limited quantity sold. Sales of electronic typewriters to industrial consumers, Government bodies and institutions may still be consumer sales rather than wholesale sales if the purchasers buy for their own use and not for resale. On that basis, valuation could not rest on the earlier approval under Section 4(1)(a) alone and had to be reconsidered under the alternative valuation basis, with the assessee given an opportunity to support claimed deductions. en-us Fri, 03 Mar 1989 00:00:00 +0530 Wed, 08 Jun 2011 11:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74323 For excise valuation, the decisive factor is the character of the transaction and the buyer's intended use of the goods, not the product's price, technology or limited quantity sold. Sales of electronic typewriters to industrial consumers, Government bodies and institutions may still be consumer sales rather than wholesale sales if the purchasers buy for their own use and not for resale. On that basis, valuation could not rest on the earlier approval under Section 4(1)(a) alone and had to be reconsidered under the alternative valuation basis, with the assessee given an opportunity to support claimed deductions. Case-Laws Central Excise Fri, 03 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74323