https://www.taxtmi.com/caselaws?id=109628 The appellate tribunal dismissed the assessee's appeal on the assessable value of yarn transferred to sister units for captive consumption. It was held that if the price under Section 4(1)(a) of the Central Excise Act is ascertainable, there is no requirement to apply Section 4(1)(b) or valuation rules, citing precedent from previous tribunal decisions and the Supreme Court case of Ashok Leyland Ltd. v. CCE, Madras. en-us Mon, 18 Aug 2003 00:00:00 +0530 Wed, 11 Apr 2012 11:18:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109628 The appellate tribunal dismissed the assessee's appeal on the assessable value of yarn transferred to sister units for captive consumption. It was held that if the price under Section 4(1)(a) of the Central Excise Act is ascertainable, there is no requirement to apply Section 4(1)(b) or valuation rules, citing precedent from previous tribunal decisions and the Supreme Court case of Ashok Leyland Ltd. v. CCE, Madras. Case-Laws Central Excise Mon, 18 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109628