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    <title>Valuation of MS and HSD sold amongst OMCs - MOU - Withdrawal of instructions dated 14-2-2007- regarding</title>
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    <description>The Board withdraws its earlier guidance treating MOU prices between oil companies as constituting transaction value for excise valuation, in light of a contrary tribunal decision; pending show cause notices on inter company sales are to be consigned to the call book until final determination of the pending appeal, and appeals may be filed immediately where within review or appeal periods.</description>
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    <pubDate>Wed, 03 Feb 2010 00:00:00 +0530</pubDate>
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      <description>The Board withdraws its earlier guidance treating MOU prices between oil companies as constituting transaction value for excise valuation, in light of a contrary tribunal decision; pending show cause notices on inter company sales are to be consigned to the call book until final determination of the pending appeal, and appeals may be filed immediately where within review or appeal periods.</description>
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