https://www.taxtmi.com/caselaws?id=214903 Where excisable goods are sold through a related person in retail and no wholesale market exists, valuation may proceed under Section 4 of the Central Excise Act, 1944 and Rule 6 of the Central Excise (Valuation) Rules, 1975 by taking the retail price and making only such reduction as is necessary and reasonable to approximate the wholesale price. Freight and insurance from the factory to depots are not automatically deductible in full, but may be allowed to the extent justified by the nature of the goods, trade practice, and other relevant factors. As no reasonable amount had been determined and no deduction had been permitted at all, interference was not warranted. en-us Thu, 07 Jun 2012 00:00:00 +0530 Fri, 11 Jan 2013 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214903 Where excisable goods are sold through a related person in retail and no wholesale market exists, valuation may proceed under Section 4 of the Central Excise Act, 1944 and Rule 6 of the Central Excise (Valuation) Rules, 1975 by taking the retail price and making only such reduction as is necessary and reasonable to approximate the wholesale price. Freight and insurance from the factory to depots are not automatically deductible in full, but may be allowed to the extent justified by the nature of the goods, trade practice, and other relevant factors. As no reasonable amount had been determined and no deduction had been permitted at all, interference was not warranted. Case-Laws Central Excise Thu, 07 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214903