https://www.taxtmi.com/caselaws?id=120134 Transfers of goods between units of the same company supported a finding of revenue neutrality, because any lower valuation at clearance from the manufacturing unit did not confer a corresponding gain on the assessee. In that setting, the absence of the declaration contemplated by Section 173C did not indicate an intention to evade central excise duty, so the extended period of limitation and penal consequences were not justified. The demand for duty, interest and penalty was therefore held unsustainable. en-us Thu, 28 Sep 2006 00:00:00 +0530 Tue, 17 Jul 2012 11:29:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120134 Transfers of goods between units of the same company supported a finding of revenue neutrality, because any lower valuation at clearance from the manufacturing unit did not confer a corresponding gain on the assessee. In that setting, the absence of the declaration contemplated by Section 173C did not indicate an intention to evade central excise duty, so the extended period of limitation and penal consequences were not justified. The demand for duty, interest and penalty was therefore held unsustainable. Case-Laws Central Excise Thu, 28 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120134