https://www.taxtmi.com/caselaws?id=340495 Where identical goods have an evidenced sale price, valuation must follow transaction value under Section 4(1)(a) of the Central Excise Act, 1944; the higher valuation of waste x-ray films at Rs. 280 per kg was arbitrary and unsustainable because the invoice-supported price of Rs. 15 per kg reflected the actual transaction value. The demand based on the first three show-cause notices also could not be sustained because it travelled beyond the notices and credit could not be denied under Rule 57D of the Central Excise Rules, 1944 for inputs contained in waste or refuse. The impugned order was set aside. en-us Wed, 01 Mar 2017 00:00:00 +0530 Thu, 04 Jan 2018 15:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340495 Where identical goods have an evidenced sale price, valuation must follow transaction value under Section 4(1)(a) of the Central Excise Act, 1944; the higher valuation of waste x-ray films at Rs. 280 per kg was arbitrary and unsustainable because the invoice-supported price of Rs. 15 per kg reflected the actual transaction value. The demand based on the first three show-cause notices also could not be sustained because it travelled beyond the notices and credit could not be denied under Rule 57D of the Central Excise Rules, 1944 for inputs contained in waste or refuse. The impugned order was set aside. Case-Laws Central Excise Wed, 01 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340495