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Central Excise - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Valuation - sister concern was captively consuming the goods - ...


Goods Valuation Between Related Entities: Rule 9 Inapplicable for Transfers to Sister Concerns Affecting Tax Assessment.

October 20, 2018

Case Laws     Central Excise     AT

Valuation - sister concern was captively consuming the goods - inter-connected units - Since the appellants and their sister concerns are related persons in term of clause (i) and not in terms of clause (ii), (iii) or (iv), for the purpose of valuation of goods cleared to sister concern the valuation cannot be done in terms of Rule 9

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