https://www.taxtmi.com/caselaws?id=357350 Physician samples cleared free of cost are not sold at the time and place of removal and therefore have no transaction value under Section 4(1)(b) of the Central Excise Act, 1944. Because Rule 8 applies only to goods captively consumed in the manufacture of other articles, it does not govern free distribution samples. Rule 4, read with Rule 11, is the proper basis where the samples are comparable or identical to goods sold in the market, and a reasonable valuation method consistent with the Rules may be adopted. The samples are therefore valued under Rule 4 read with Rule 11, not Rule 8 read with Rule 11. en-us Tue, 13 Mar 2018 00:00:00 +0530 Thu, 22 Mar 2018 08:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357350 Physician samples cleared free of cost are not sold at the time and place of removal and therefore have no transaction value under Section 4(1)(b) of the Central Excise Act, 1944. Because Rule 8 applies only to goods captively consumed in the manufacture of other articles, it does not govern free distribution samples. Rule 4, read with Rule 11, is the proper basis where the samples are comparable or identical to goods sold in the market, and a reasonable valuation method consistent with the Rules may be adopted. The samples are therefore valued under Rule 4 read with Rule 11, not Rule 8 read with Rule 11. Case-Laws Central Excise Tue, 13 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357350