https://www.taxtmi.com/caselaws?id=106413 Where no wholesale price was available for goods sold from a retail depot, valuation had to proceed under Rule 6(a) of the Central Excise (Valuation) Rules, 1975 on the basis of retail price, with a deduction fixed reasonably by reference to trade practice and other relevant factors. The amendment to Section 4 of the Central Excise Act did not change that valuation method in the absence of a wholesale price. As the record showed no material change in trade practice or surrounding circumstances, the earlier deduction rate could not be revised and the retail-price-based method continued to apply. en-us Tue, 18 Jun 2002 00:00:00 +0530 Wed, 14 Mar 2012 11:03:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106413 Where no wholesale price was available for goods sold from a retail depot, valuation had to proceed under Rule 6(a) of the Central Excise (Valuation) Rules, 1975 on the basis of retail price, with a deduction fixed reasonably by reference to trade practice and other relevant factors. The amendment to Section 4 of the Central Excise Act did not change that valuation method in the absence of a wholesale price. As the record showed no material change in trade practice or surrounding circumstances, the earlier deduction rate could not be revised and the retail-price-based method continued to apply. Case-Laws Central Excise Tue, 18 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106413