https://www.taxtmi.com/caselaws?id=50514 Physician samples of medicines were treated as excisable goods because marketability depends on capability of being marketed, not actual sale. The samples were the same medicines as the trade packs, with only packing and a "not for sale" marking different, so their character as goods remained unchanged and excise duty applied. For valuation of unsold samples, Rule 6(b)(i) governed where identical comparable goods were available, because the assessable value had to reflect the nearest ascertainable equivalent of normal price. Cost of production under Rule 6(b)(ii) was only a fallback and was not applicable here. en-us Wed, 16 May 2001 00:00:00 +0530 Mon, 23 Aug 2010 11:42:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50514 Physician samples of medicines were treated as excisable goods because marketability depends on capability of being marketed, not actual sale. The samples were the same medicines as the trade packs, with only packing and a "not for sale" marking different, so their character as goods remained unchanged and excise duty applied. For valuation of unsold samples, Rule 6(b)(i) governed where identical comparable goods were available, because the assessable value had to reflect the nearest ascertainable equivalent of normal price. Cost of production under Rule 6(b)(ii) was only a fallback and was not applicable here. Case-Laws Central Excise Wed, 16 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50514