https://www.taxtmi.com/caselaws?id=331324 Where excisable goods are captively consumed, Rule 6(b)(i) requires valuation by reference to comparable goods, and a prior sale that had ceased before the relevant period cannot be used for that later period. For the period in question, the only available comparable was a solitary sale transaction at Rs. 100 per kg in December 1997. On that footing, the sale furnished the only workable comparable price for valuation under the rule, and the valuation based on it was upheld. en-us Fri, 22 Jul 2016 00:00:00 +0530 Mon, 14 Nov 2016 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331324 Where excisable goods are captively consumed, Rule 6(b)(i) requires valuation by reference to comparable goods, and a prior sale that had ceased before the relevant period cannot be used for that later period. For the period in question, the only available comparable was a solitary sale transaction at Rs. 100 per kg in December 1997. On that footing, the sale furnished the only workable comparable price for valuation under the rule, and the valuation based on it was upheld. Case-Laws Central Excise Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331324