Valuation of Physician Sample - pro rata - A Tricky Issue
VALUATION of physician sample has been a tricky issue for many years and had been doing the rounds in Tribunals and Supreme Court quite often. The Supreme Court judgement which we are carrying today also had a valuation issue apart from excisability.
Is it worth so much complication and litigation? Drug manufacturers give a very small part of their product as free samples to doctors and the cost of these samples is any way included in the final cost of the drugs and excise duty paid accordingly. Should the government demand its pound of flesh on these small quantities distributed to doctors free? Why can't the government simply exempt these samples? The Revenue lost would be insignificant.