https://www.taxtmi.com/caselaws?id=261582 The Tribunal upheld the lower authorities' decision that the valuation of HDPE/PP Bags sold through inter-connected undertakings should be determined under Rule 11, read with Rule 10(a) of the Valuation Rules. It was held that inter-connected undertakings can be considered "relatives" under the Central Excise Act, justifying the application of Rule 10(a) for valuation. The demands were found to be time-barred, and no penalties were imposed due to the lack of intent to evade duty. The Tribunal limited the demands to the normal period under the Central Excise Act, 1944. en-us Tue, 12 May 2015 00:00:00 +0530 Sat, 20 Jun 2015 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261582 The Tribunal upheld the lower authorities' decision that the valuation of HDPE/PP Bags sold through inter-connected undertakings should be determined under Rule 11, read with Rule 10(a) of the Valuation Rules. It was held that inter-connected undertakings can be considered "relatives" under the Central Excise Act, justifying the application of Rule 10(a) for valuation. The demands were found to be time-barred, and no penalties were imposed due to the lack of intent to evade duty. The Tribunal limited the demands to the normal period under the Central Excise Act, 1944. Case-Laws Central Excise Tue, 12 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261582