1999 (12) TMI 403

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....e, for the Respondents. [Order per : C.N.B. Nair, Member (T)]. -  The Revenue is in appeal. The issue involved was the valuation of PCC Poles manufactured by the Punjab State Electricity Board. These poles are used by them in their transmission network. In addition to that, they also procure poles from other manufacturers. The impugned order has held that the captively consumed poles manufa....

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....roduced or manufactured by the assessee or by any other assessee. The proviso to this Rule allows adjustments as appear to the assessing authority to be reasonable, taking into consideration all relevant factors and, in particular, the difference, if any, in the material characteristics of the goods to be assessed and of the comparable goods. The impugned order is in conformity with this proviso. ....