https://www.taxtmi.com/caselaws?id=88270 Captive-consumption exemption under Notification No. 224/75 turns on first determining the quantity of oxygen gas actually used within the factory, because duty liability can be fixed only after the eligible captively consumed quantity is identified. Oxygen gas sold to third parties is valued on the basis of the sale price. The impugned order was set aside and the matter remanded for determination of the exempt captive-consumption quantity, while the valuation basis for sales remained unchanged. en-us Wed, 10 Dec 1997 00:00:00 +0530 Fri, 16 Sep 2011 15:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88270 Captive-consumption exemption under Notification No. 224/75 turns on first determining the quantity of oxygen gas actually used within the factory, because duty liability can be fixed only after the eligible captively consumed quantity is identified. Oxygen gas sold to third parties is valued on the basis of the sale price. The impugned order was set aside and the matter remanded for determination of the exempt captive-consumption quantity, while the valuation basis for sales remained unchanged. Case-Laws Central Excise Wed, 10 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88270