2005 (3) TMI 513

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..... ndent. [Order per : V.K. Agrawal, Member (T)]. - Shri R. Raghavan, ld. Counsel mentioned that M/s. TAFE Ltd. manufacture components of Tractors which are removed by them to their units; that instead of paying excise duty under Rule 6(b)(i) of Central Excise Valuation Rules, 1975 on the basis of comparable price they were paying duty under Rule 6(b)(ii) of the Valuation Rules on the basis of cos .....

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..... be determined on the basis of comparable price, if available. The method of determining the assessable value on the basis of cost of manufacture under Rule 6(b)(ii) can be adhered to only if comparable price is not available. As in the present matter, the comparable price of parts sold as spare parts is available, the assessable value has to be determined under Rule 6(b)(i) of the Central Excise .....

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