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of <h1>Undervaluation of intra-group stock transfers to related units found revenue-neutral; no additional excise demand u/s 4(1)(b) Rules 8-9</h1> Whether undervaluation on stock transfers to related units contravened Section 4(1)(b) of the Central Excise Act, 1944 read with Valuation Rules 8 and 9: ... Extended period of limitation - undervaluation of goods - stock transfer to related units - contravention of provisions of Section 4(1)(b) of the Central Excise Act, 1944 read with Rule 8 and Rule 9 of the Valuation Rules - Revenue Neutrality - it was held by CESTAT that 'Accordingly, relying on the decision of this Tribunal in the case of Hindalco Industries [2023 (5) TMI 720 - CESTAT KOLKATA], it is held that it is a revenue neutral situation. No demand is sustainable against the appellant.' HELD THAT:- Delay condoned - appeal admitted. Outcome: Appeal admitted. Delay condoned.
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