https://www.taxtmi.com/caselaws?id=80790 Where factory-gate sales to industrial consumers, Government undertakings and wholesale dealers are established and the price is genuine, that ex-factory price is the proper basis for valuing captively consumed hydrochloric acid under Section 4 of the Central Excises and Salt Act, 1944. The small percentage of such sales does not justify rejection of the actual wholesale price, because the volume of sales is not determinative once arm's length dealings are shown. Resort to a notional valuation under Rule 6(b)(i) of the Central Excise (Valuation) Rules, 1975 was therefore unwarranted. en-us Thu, 22 Feb 1990 00:00:00 +0530 Mon, 20 Jun 2011 13:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80790 Where factory-gate sales to industrial consumers, Government undertakings and wholesale dealers are established and the price is genuine, that ex-factory price is the proper basis for valuing captively consumed hydrochloric acid under Section 4 of the Central Excises and Salt Act, 1944. The small percentage of such sales does not justify rejection of the actual wholesale price, because the volume of sales is not determinative once arm's length dealings are shown. Resort to a notional valuation under Rule 6(b)(i) of the Central Excise (Valuation) Rules, 1975 was therefore unwarranted. Case-Laws Central Excise Thu, 22 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80790