https://www.taxtmi.com/caselaws?id=82618 Valuation of captively consumed resin coated sand under Rule 6(b) had to be based on actual sale prices of comparable goods, whether manufactured by the assessee or another assessee. Because the department relied on one invoice while the assessee produced other invoices showing lower comparable sales that were not addressed, the valuation could not stand. The authority was required to consider both sets of invoices and record reasons on comparability, including any differences in quality or composition. The order was set aside and the matter remitted for fresh adjudication on a reasoned comparison of the competing prices. en-us Wed, 16 Jun 1993 00:00:00 +0530 Wed, 06 Jul 2011 12:57:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82618 Valuation of captively consumed resin coated sand under Rule 6(b) had to be based on actual sale prices of comparable goods, whether manufactured by the assessee or another assessee. Because the department relied on one invoice while the assessee produced other invoices showing lower comparable sales that were not addressed, the valuation could not stand. The authority was required to consider both sets of invoices and record reasons on comparability, including any differences in quality or composition. The order was set aside and the matter remitted for fresh adjudication on a reasoned comparison of the competing prices. Case-Laws Central Excise Wed, 16 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82618