https://www.taxtmi.com/caselaws?id=443656 Valuation of physician samples under the excise valuation rules depends on the nature of each clearance and the underlying transaction with the recipient. Rule 4 applies where goods are removed without a sale and valuation must be linked to the nearest ascertainable sale price, but it is not a universal rule for all physician-sample clearances. Where raw materials are supplied by the principal, Rule 8 is the specific valuation provision. The record was found inadequate on the exact character of the transactions, so the valuation issue required fresh factual scrutiny and reconsideration under the correct rule for each clearance. en-us Tue, 26 Sep 2023 00:00:00 +0530 Fri, 29 Sep 2023 07:37:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443656 Valuation of physician samples under the excise valuation rules depends on the nature of each clearance and the underlying transaction with the recipient. Rule 4 applies where goods are removed without a sale and valuation must be linked to the nearest ascertainable sale price, but it is not a universal rule for all physician-sample clearances. Where raw materials are supplied by the principal, Rule 8 is the specific valuation provision. The record was found inadequate on the exact character of the transactions, so the valuation issue required fresh factual scrutiny and reconsideration under the correct rule for each clearance. Case-Laws Central Excise Tue, 26 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443656