https://www.taxtmi.com/caselaws?id=53493 Rule 6(b)(i) of the Central Excise Valuation Rules, 1975 permits reasonable adjustments when comparable goods are used for valuation, and used goods cannot be treated as equivalent to new goods without accounting for depreciation. Applying that principle, depreciation was admissible in valuing stator wounds manufactured from retrieved and used stator stacks for captive consumption, because the valuation had to reflect the material difference between new and used items. The differential duty demand based on parity with new stator stacks was therefore not sustainable, and the assessee succeeded. en-us Wed, 10 Nov 2004 00:00:00 +0530 Wed, 13 Oct 2010 15:44:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53493 Rule 6(b)(i) of the Central Excise Valuation Rules, 1975 permits reasonable adjustments when comparable goods are used for valuation, and used goods cannot be treated as equivalent to new goods without accounting for depreciation. Applying that principle, depreciation was admissible in valuing stator wounds manufactured from retrieved and used stator stacks for captive consumption, because the valuation had to reflect the material difference between new and used items. The differential duty demand based on parity with new stator stacks was therefore not sustainable, and the assessee succeeded. Case-Laws Central Excise Wed, 10 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53493