https://www.taxtmi.com/caselaws?id=85304 Where an ascertainable ex-factory price exists and the major part of the goods is sold at the factory gate on approved price lists, that price governs valuation under section 4 of the Central Excises and Salt Act, 1944 even for clearances through depots. The contention that depot sales form a separate class of buyers was rejected, and depot clearances were not treated as a distinct basis for valuation. The stated principle is that valuation follows the available factory-gate price when it can be ascertained. en-us Wed, 03 Apr 1996 00:00:00 +0530 Thu, 04 Aug 2011 11:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85304 Where an ascertainable ex-factory price exists and the major part of the goods is sold at the factory gate on approved price lists, that price governs valuation under section 4 of the Central Excises and Salt Act, 1944 even for clearances through depots. The contention that depot sales form a separate class of buyers was rejected, and depot clearances were not treated as a distinct basis for valuation. The stated principle is that valuation follows the available factory-gate price when it can be ascertained. Case-Laws Central Excise Wed, 03 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85304