https://www.taxtmi.com/caselaws?id=115046 Captive consumption of components in the assessee's own units had to be valued under the comparable-price method where such market price was available, because Rule 6(b)(i) applied before the cost-based method under Rule 6(b)(ii). As the same components were also sold as spare parts, comparable price existed, but the record needed limited factual verification on whether the department relied on the dealers' list price or the assessable value in the spare-parts market. Given the interpretational nature of the dispute, the penalty was not sustainable and was set aside. en-us Tue, 08 Mar 2005 00:00:00 +0530 Wed, 23 May 2012 13:02:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115046 Captive consumption of components in the assessee's own units had to be valued under the comparable-price method where such market price was available, because Rule 6(b)(i) applied before the cost-based method under Rule 6(b)(ii). As the same components were also sold as spare parts, comparable price existed, but the record needed limited factual verification on whether the department relied on the dealers' list price or the assessable value in the spare-parts market. Given the interpretational nature of the dispute, the penalty was not sustainable and was set aside. Case-Laws Central Excise Tue, 08 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115046