https://www.taxtmi.com/caselaws?id=124608 Valuation of clearances to an inter-connected undertaking was examined for prima facie purposes in a stay matter. The appellant argued that Rule 10 of the Central Excise Valuation Rules did not apply because the buyers were not covered by the relevant categories in Section 4(3)(b) and that transaction value under Section 4 should govern. The Tribunal noted that Rule 10 may not strictly apply where sales are not routed exclusively through the inter-connected undertaking, but observed that the undertaking could still fall within the related-person framework, requiring application of the valuation rules, with Rule 4 pointing to the value nearest to removal. Complete waiver of pre-deposit was declined. en-us Mon, 14 Jul 2008 00:00:00 +0530 Wed, 03 Oct 2012 13:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124608 Valuation of clearances to an inter-connected undertaking was examined for prima facie purposes in a stay matter. The appellant argued that Rule 10 of the Central Excise Valuation Rules did not apply because the buyers were not covered by the relevant categories in Section 4(3)(b) and that transaction value under Section 4 should govern. The Tribunal noted that Rule 10 may not strictly apply where sales are not routed exclusively through the inter-connected undertaking, but observed that the undertaking could still fall within the related-person framework, requiring application of the valuation rules, with Rule 4 pointing to the value nearest to removal. Complete waiver of pre-deposit was declined. Case-Laws Central Excise Mon, 14 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124608