https://www.taxtmi.com/caselaws?id=82897 Rule 97(1)(vi) required the return-value of excisable goods to reflect the market value of the damaged goods themselves, not the reimbursement originally made for cigarettes cleared in good condition. On that construction, credit notes issued to dealers on return of damaged cigarettes could not automatically be treated as the market value of the returned goods, but the unsettled legal question on that point was considered fit for reference to the High Court. A separate proposed question was declined because the refund issue did not turn on sale or offer for sale of the damaged goods. en-us Mon, 23 Dec 1991 00:00:00 +0530 Thu, 07 Jul 2011 18:51:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82897 Rule 97(1)(vi) required the return-value of excisable goods to reflect the market value of the damaged goods themselves, not the reimbursement originally made for cigarettes cleared in good condition. On that construction, credit notes issued to dealers on return of damaged cigarettes could not automatically be treated as the market value of the returned goods, but the unsettled legal question on that point was considered fit for reference to the High Court. A separate proposed question was declined because the refund issue did not turn on sale or offer for sale of the damaged goods. Case-Laws Central Excise Mon, 23 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82897