https://www.taxtmi.com/caselaws?id=87191 Physician's free samples of medicines were valued under the comparable goods method in the excise valuation rules, because wholesale market goods were treated as appropriate comparators even though the samples were supplied free and without profit motive. The difference in quantity could be neutralised by a reasonable adjustment, and that factor did not require a shift to the costing method. The costing basis under the relevant rule was therefore inapplicable, and valuation had to proceed on the basis of comparable goods with rational adjustment. The challenge to the valuation failed and the impugned valuation was sustained. en-us Tue, 08 Jul 1997 00:00:00 +0530 Sat, 03 Sep 2011 13:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87191 Physician's free samples of medicines were valued under the comparable goods method in the excise valuation rules, because wholesale market goods were treated as appropriate comparators even though the samples were supplied free and without profit motive. The difference in quantity could be neutralised by a reasonable adjustment, and that factor did not require a shift to the costing method. The costing basis under the relevant rule was therefore inapplicable, and valuation had to proceed on the basis of comparable goods with rational adjustment. The challenge to the valuation failed and the impugned valuation was sustained. Case-Laws Central Excise Tue, 08 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87191