Valuation - related person or not - a proprietorship concern and ...

Proprietorship and private limited company not considered related for valuation under Central Excise laws; Rule 11 supports independent pricing.

October 12, 2018

Case Laws Central Excise AT

Valuation - related person or not - a proprietorship concern and a Private Limited company are not related person - even if two are held to be related, the price to any independent buyer of similar quantity only can be adopted under Rule 11 - Demand fails on both count.

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Valuation - related person or not - a proprietorship concern and ...

Proprietorship and private limited company not considered related for valuation under Central Excise laws; Rule 11 supports independent pricing.

October 12, 2018

Case Laws Central Excise AT

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