https://www.taxtmi.com/caselaws?id=93342 Where bulk lubricating oil had a normal ex-factory price from sales to independent buyers, excise valuation for clearances to a job worker had to be based on that price, not on the depot price of packed oil sold in tins. The depot price of a different product form could not be substituted because bulk oil and containerised oil were not the same goods for valuation purposes, and the phrase "such goods" could not be stretched beyond its ordinary scope. Packing or repacking of bulk oil was also held not to constitute manufacture absent a specific deeming provision. The department's valuation method was therefore rejected. en-us Tue, 13 Jul 1999 00:00:00 +0530 Thu, 30 May 2019 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93342 Where bulk lubricating oil had a normal ex-factory price from sales to independent buyers, excise valuation for clearances to a job worker had to be based on that price, not on the depot price of packed oil sold in tins. The depot price of a different product form could not be substituted because bulk oil and containerised oil were not the same goods for valuation purposes, and the phrase "such goods" could not be stretched beyond its ordinary scope. Packing or repacking of bulk oil was also held not to constitute manufacture absent a specific deeming provision. The department's valuation method was therefore rejected. Case-Laws Central Excise Tue, 13 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93342