https://www.taxtmi.com/caselaws?id=94671 For excise valuation of captively consumed calcined alumina, negligible and sporadic sales to casual buyers were not treated as representative of normal wholesale trade, and the comparable price charged to a similarly situated bulk industrial buyer was adopted as the assessable value. An approved price list could not be reopened retrospectively in the absence of any challenge to the approval, so no short-levy demand was sustainable on that basis. Exemption under Notification No. 217/86 remained available where the goods were used within the same manufacturer's unit for further manufacture, and procedural non-compliance with Chapter X did not defeat the substantive benefit once in-house use was established. en-us Fri, 24 Dec 1999 00:00:00 +0530 Fri, 02 Dec 2011 18:31:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94671 For excise valuation of captively consumed calcined alumina, negligible and sporadic sales to casual buyers were not treated as representative of normal wholesale trade, and the comparable price charged to a similarly situated bulk industrial buyer was adopted as the assessable value. An approved price list could not be reopened retrospectively in the absence of any challenge to the approval, so no short-levy demand was sustainable on that basis. Exemption under Notification No. 217/86 remained available where the goods were used within the same manufacturer's unit for further manufacture, and procedural non-compliance with Chapter X did not defeat the substantive benefit once in-house use was established. Case-Laws Central Excise Fri, 24 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94671