https://www.taxtmi.com/caselaws?id=118064 Assessable value for intermediary goods cleared to sister units may be based on the price charged to an outside buyer where the goods are duty-paid, the recipient can avail Cenvat credit, and the parties are not shown to be related. On those facts, the Revenue's objection to adoption of the outside sale price was rejected. Equal penalty was also held unsustainable because the availability of credit to the recipient unit made the situation revenue neutral, so penal action premised on intent to evade duty was not justified. The demand and penalty therefore did not survive on the Tribunal's findings. en-us Tue, 09 May 2006 00:00:00 +0530 Thu, 28 Jun 2012 12:13:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118064 Assessable value for intermediary goods cleared to sister units may be based on the price charged to an outside buyer where the goods are duty-paid, the recipient can avail Cenvat credit, and the parties are not shown to be related. On those facts, the Revenue's objection to adoption of the outside sale price was rejected. Equal penalty was also held unsustainable because the availability of credit to the recipient unit made the situation revenue neutral, so penal action premised on intent to evade duty was not justified. The demand and penalty therefore did not survive on the Tribunal's findings. Case-Laws Central Excise Tue, 09 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118064