https://www.taxtmi.com/circulars?id=6614 The Board clarifies that wholesale dealers in different locations are not different classes of buyers solely by location, and transfers to regional sales depots are internal transfers, not sales creating separate classes. Accordingly, differing prices charged by geographically separated dealers do not automatically constitute separate normal prices, and the factory gate price may be applied for valuation when it is a genuine price. Circular No. 8/76 C.F.V. is modified to this extent. en-us Thu, 25 Jan 1990 00:00:00 +0530 Sat, 04 Jul 2009 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6614 The Board clarifies that wholesale dealers in different locations are not different classes of buyers solely by location, and transfers to regional sales depots are internal transfers, not sales creating separate classes. Accordingly, differing prices charged by geographically separated dealers do not automatically constitute separate normal prices, and the factory gate price may be applied for valuation when it is a genuine price. Circular No. 8/76 C.F.V. is modified to this extent. Circulars Central Excise Thu, 25 Jan 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6614