https://www.taxtmi.com/caselaws?id=356983 Valuation of captively consumed goods is not necessarily confined to cost construction under Rule 8 where comparable goods are also sold to independent buyers. The text states that the valuation rules address different contingencies and need not be applied sequentially in every case, and that a Board clarification issued after the Rule 8 amendment supports adopting a valid transaction value basis. On the facts described, duty was paid using the transaction value of identical goods cleared to independent buyers, and that basis was treated as valid for captive-consumption clearances. en-us Fri, 19 Jan 2018 00:00:00 +0530 Mon, 18 Mar 2019 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356983 Valuation of captively consumed goods is not necessarily confined to cost construction under Rule 8 where comparable goods are also sold to independent buyers. The text states that the valuation rules address different contingencies and need not be applied sequentially in every case, and that a Board clarification issued after the Rule 8 amendment supports adopting a valid transaction value basis. On the facts described, duty was paid using the transaction value of identical goods cleared to independent buyers, and that basis was treated as valid for captive-consumption clearances. Case-Laws Central Excise Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356983