Central Excise - Valuation - Meaning of Normal Price where the goods are sold at different prices to different buyers of the same class - Regarding

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..... From F. No. 6/5/90-CX.1] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise and Customs, New Delhi Subject : Central Excise - Valuation - Meaning of Normal Price where the goods are sold at different prices to different buyers of the same class - Regarding. I am directed to refer to Board's Letter F.No. 315/18/76-CX.10/CX.1 dated 30th July, 1976 - Circular .....

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..... 3. The Board took note of Section 4 of the Central Excises and Salt Act, 1944 as well as, the decision of the Bombay High Court in the case of M/S. Godrej and Boyce Manufacturing Co. Ltd. and felt that in the light of the above wholesale dealers in India could not be considered as belonging to different classes simply because they are located in different towns or cities. 4. The Board also fel .....

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