https://www.taxtmi.com/caselaws?id=50077 Physician's samples cleared free of cost were required to be valued by reference to the price of identical goods sold in the market, because the samples themselves were not sold and comparable sold goods were available. The cost-accounting argument was rejected as irrelevant where the comparable-goods method could be applied; it would arise only if that method were unavailable. The correct valuation basis was the sale price of identical goods, subject to any admissible discount deduction applicable to those goods, and the claim for a lower assessable value was rejected. en-us Thu, 01 Jun 2000 00:00:00 +0530 Thu, 19 Aug 2010 16:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50077 Physician's samples cleared free of cost were required to be valued by reference to the price of identical goods sold in the market, because the samples themselves were not sold and comparable sold goods were available. The cost-accounting argument was rejected as irrelevant where the comparable-goods method could be applied; it would arise only if that method were unavailable. The correct valuation basis was the sale price of identical goods, subject to any admissible discount deduction applicable to those goods, and the claim for a lower assessable value was rejected. Case-Laws Central Excise Thu, 01 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50077