2000 (9) TMI 125

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....or consideration in this appeal is the mode of valuation of samples of the patent and proprietary medicaments manufactured by the respondent. 2. In the order impugned in the appeal the Collector has accepted the stand of the assessee that the valuation of these goods has to be based on their cost of manufacture, and has not accepted the department's contention that it ought to be derived from the....

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.... sale of goods. Sub-rule (b) of rule 6 will not apply because the goods are not used or captively consumed by the manufacturer. Hence the valuation has to be determined in accordance with rule 7. In applying this rule consideration will have to be given to rule 6(c) on the value of comparable goods manufactured by the assessee or any other assessee. In the case before us the value of the goods, wh....