https://www.taxtmi.com/caselaws?id=167071 Direct sales to industrial consumers who buy goods for their own consumption, and not for resale, fall within "wholesale trade" for valuation under Section 4 of the Central Excises and Salt Act, 1944. The Tribunal treated the depot sales as wholesale sales because the buyers were industrial consumers, and small quantities did not make the transactions retail. For assessable value, only permissible transportation cost and any excise duty embedded in the price could be deducted; no further deductions were allowed merely because the assessee described the prices as retail. The matter was remitted for recomputation on that basis. en-us Wed, 27 Jun 1984 00:00:00 +0530 Fri, 05 Dec 2014 11:30:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167071 Direct sales to industrial consumers who buy goods for their own consumption, and not for resale, fall within "wholesale trade" for valuation under Section 4 of the Central Excises and Salt Act, 1944. The Tribunal treated the depot sales as wholesale sales because the buyers were industrial consumers, and small quantities did not make the transactions retail. For assessable value, only permissible transportation cost and any excise duty embedded in the price could be deducted; no further deductions were allowed merely because the assessee described the prices as retail. The matter was remitted for recomputation on that basis. Case-Laws Central Excise Wed, 27 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167071