https://www.taxtmi.com/caselaws?id=90772 Declared wholesale price of aluminium strips sold in the market was accepted as the normal price for valuing comparable strips captively consumed, because the sale price was shown to be actual and no additional consideration was evidenced. As the input aluminium wire rods were duty paid and proforma credit was available, the effective input cost was lower than the cum-duty price, supporting adoption of the declared market price under Section 4(1)(a) of the Central Excise Act and Rule 6(b)(i) of the Central Excise Valuation Rules, 1975. The alternative valuation method under Rule 6(b)(ii) was not attracted, and the differential duty demand could not be sustained. en-us Tue, 21 Jul 1998 00:00:00 +0530 Tue, 11 Oct 2011 13:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90772 Declared wholesale price of aluminium strips sold in the market was accepted as the normal price for valuing comparable strips captively consumed, because the sale price was shown to be actual and no additional consideration was evidenced. As the input aluminium wire rods were duty paid and proforma credit was available, the effective input cost was lower than the cum-duty price, supporting adoption of the declared market price under Section 4(1)(a) of the Central Excise Act and Rule 6(b)(i) of the Central Excise Valuation Rules, 1975. The alternative valuation method under Rule 6(b)(ii) was not attracted, and the differential duty demand could not be sustained. Case-Laws Central Excise Tue, 21 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90772