https://www.taxtmi.com/caselaws?id=45623 For captively consumed hydrochloric acid, where no factory-gate sale existed for the relevant quantity, assessable value had to be fixed under the captive-consumption valuation framework. The High Court accepted the Department's use of comparable sale prices of similar goods under Rule 6(b)(i) rather than a cost-based method under Rule 6(b)(ii), and found no basis to interfere under Article 226. The challenge based on earlier proceedings, alleged suppression, and the request for remand was rejected because the impugned valuation order was neither arbitrary nor without jurisdiction. en-us Wed, 08 Sep 1999 00:00:00 +0530 Mon, 12 Jul 2010 18:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45623 For captively consumed hydrochloric acid, where no factory-gate sale existed for the relevant quantity, assessable value had to be fixed under the captive-consumption valuation framework. The High Court accepted the Department's use of comparable sale prices of similar goods under Rule 6(b)(i) rather than a cost-based method under Rule 6(b)(ii), and found no basis to interfere under Article 226. The challenge based on earlier proceedings, alleged suppression, and the request for remand was rejected because the impugned valuation order was neither arbitrary nor without jurisdiction. Case-Laws Central Excise Wed, 08 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45623