https://www.taxtmi.com/caselaws?id=787255 Where raw naphtha is provisionally assessed at the refinery because final value is not ascertainable, and is later sold or otherwise cleared from an intermediate storage location, valuation must be based on the actual transaction value prevailing at that later clearance. The provisional refinery price cannot control assessable value once the goods are dealt with from the intermediate storage point. The assessable value was therefore held to be the transaction value at the intermediate storage location, not the original provisional price. en-us Fri, 23 Jan 2026 00:00:00 +0530 Mon, 02 Mar 2026 08:34:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787255 Where raw naphtha is provisionally assessed at the refinery because final value is not ascertainable, and is later sold or otherwise cleared from an intermediate storage location, valuation must be based on the actual transaction value prevailing at that later clearance. The provisional refinery price cannot control assessable value once the goods are dealt with from the intermediate storage point. The assessable value was therefore held to be the transaction value at the intermediate storage location, not the original provisional price. Case-Laws Central Excise Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787255