https://www.taxtmi.com/caselaws?id=3830 Where an assessee sells the same goods to unrelated buyers at the factory gate, that transaction price is the normal price for valuation of captively consumed goods. The Supreme Court noted that the assessee had produced evidence of such independent sales of grey textured yarn, so the captively consumed quantity used in the manufacture of dyed yarn was correctly valued on that basis. The Tribunal's finding that there was no undervaluation was supported by the record and disclosed no error calling for interference. The Revenue's challenge to the valuation method therefore failed. en-us Thu, 28 Feb 2008 00:00:00 +0530 Wed, 21 Jan 2026 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3830 Where an assessee sells the same goods to unrelated buyers at the factory gate, that transaction price is the normal price for valuation of captively consumed goods. The Supreme Court noted that the assessee had produced evidence of such independent sales of grey textured yarn, so the captively consumed quantity used in the manufacture of dyed yarn was correctly valued on that basis. The Tribunal's finding that there was no undervaluation was supported by the record and disclosed no error calling for interference. The Revenue's challenge to the valuation method therefore failed. Case-Laws Central Excise Thu, 28 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3830