https://www.taxtmi.com/caselaws?id=52884 The Appellate Tribunal CESTAT, Mumbai held that molasses valuation for captive consumption or sale should be based on actual costing or genuine sale price, not comparable goods price. Sales by tender without issues are deemed acceptable as contract prices under Section 4(1)(a) value. The Revenue's appeal was dismissed. en-us Tue, 11 May 2004 00:00:00 +0530 Fri, 08 Oct 2010 12:17:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52884 The Appellate Tribunal CESTAT, Mumbai held that molasses valuation for captive consumption or sale should be based on actual costing or genuine sale price, not comparable goods price. Sales by tender without issues are deemed acceptable as contract prices under Section 4(1)(a) value. The Revenue's appeal was dismissed. Case-Laws Central Excise Tue, 11 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52884