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Central Excise - Highlights / Catch Notes

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Valuation - related person - it is routine practice in the ...


Buyers Giving Advances to Suppliers Doesn't Mean They Have a Stake in Suppliers' Business.

October 19, 2016

Case Laws     Central Excise     AT

Valuation - related person - it is routine practice in the business that buyers of the goods give certain advances to the suppliers, therefore, it cannot be said that by giving mere advances to the suppliers are having interest in the business of others. - AT

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