https://www.taxtmi.com/caselaws?id=172734 For valuation under Section 4 of the Central Excises & Salt Act, 1944, goods identical in type, quality and retail price are treated as "such goods" even if they bear different brand names. The valuation exercise turns on the statutory concept of comparable goods, not on commercial classification for trade purposes. Mere affixation of a brand name does not create a new assessable commodity in the absence of a statutory definition extending manufacture to such labelling. On that basis, the wholesale price of BSC-branded shoes was applicable to Bata-branded shoes, and the lower valuation adopted against the assessee was not sustained. en-us Fri, 23 May 1986 00:00:00 +0530 Fri, 28 Aug 2015 12:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172734 For valuation under Section 4 of the Central Excises & Salt Act, 1944, goods identical in type, quality and retail price are treated as "such goods" even if they bear different brand names. The valuation exercise turns on the statutory concept of comparable goods, not on commercial classification for trade purposes. Mere affixation of a brand name does not create a new assessable commodity in the absence of a statutory definition extending manufacture to such labelling. On that basis, the wholesale price of BSC-branded shoes was applicable to Bata-branded shoes, and the lower valuation adopted against the assessee was not sustained. Case-Laws Central Excise Fri, 23 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172734