https://www.taxtmi.com/caselaws?id=202316 The Tribunal held that excise duty should be calculated based on the price at which goods are sold to independent third parties, not related distributors. Citing legal precedents, the Tribunal rejected the Revenue's appeal, emphasizing that the relationship between parties alone does not warrant valuation provisions for related persons. The decision clarified valuation principles for excise duty, stating that Rule 9 does not apply when goods are sold to both related and independent buyers. The judgment upheld the impugned order, providing guidance on excise duty calculations in transactions involving related and independent distributors. en-us Tue, 15 Feb 2011 00:00:00 +0530 Tue, 15 Mar 2011 19:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202316 The Tribunal held that excise duty should be calculated based on the price at which goods are sold to independent third parties, not related distributors. Citing legal precedents, the Tribunal rejected the Revenue's appeal, emphasizing that the relationship between parties alone does not warrant valuation provisions for related persons. The decision clarified valuation principles for excise duty, stating that Rule 9 does not apply when goods are sold to both related and independent buyers. The judgment upheld the impugned order, providing guidance on excise duty calculations in transactions involving related and independent distributors. Case-Laws Central Excise Tue, 15 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202316