https://www.taxtmi.com/caselaws?id=82111 Conversion charges realised over and above the controlled price for aluminium wire rods manufactured for captive consumption were includible in assessable value for central excise purposes. Because the goods were not sold in the open market and were used in the manufacturer's own production, valuation had to be made under the captive consumption valuation rule and the statutory concept of normal price. The additional amount realised as conversion charges formed part of the price actually received for the goods, so it was properly taken into account in determining assessable value. The challenge to exclusion of that amount therefore failed. en-us Wed, 05 Sep 1990 00:00:00 +0530 Sat, 02 Jul 2011 10:31:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82111 Conversion charges realised over and above the controlled price for aluminium wire rods manufactured for captive consumption were includible in assessable value for central excise purposes. Because the goods were not sold in the open market and were used in the manufacturer's own production, valuation had to be made under the captive consumption valuation rule and the statutory concept of normal price. The additional amount realised as conversion charges formed part of the price actually received for the goods, so it was properly taken into account in determining assessable value. The challenge to exclusion of that amount therefore failed. Case-Laws Central Excise Wed, 05 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82111