https://www.taxtmi.com/caselaws?id=50589 Under Section 4 of the Central Excise Act, a solitary arm's length sale to an outside buyer can furnish the normal price for valuing captively consumed goods; multiple sales are not required, and the sale price may be adopted for captive-clearance valuation. However, where the record indicates possible differences in variety or quality between the sold goods and the captively used goods, the comparable sale price must be verified on a variety-wise basis before application. The valuation was therefore upheld in principle, but remitted for factual verification and fresh computation under the correct rule-based method if comparability was not established. en-us Tue, 15 May 2001 00:00:00 +0530 Mon, 23 Aug 2010 16:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50589 Under Section 4 of the Central Excise Act, a solitary arm's length sale to an outside buyer can furnish the normal price for valuing captively consumed goods; multiple sales are not required, and the sale price may be adopted for captive-clearance valuation. However, where the record indicates possible differences in variety or quality between the sold goods and the captively used goods, the comparable sale price must be verified on a variety-wise basis before application. The valuation was therefore upheld in principle, but remitted for factual verification and fresh computation under the correct rule-based method if comparability was not established. Case-Laws Central Excise Tue, 15 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50589