https://www.taxtmi.com/caselaws?id=173774 The Tribunal held that the correct valuation method for goods cleared to sister concerns should be based on the value charged to independent buyers. It emphasized the need to follow the Central Excise Valuation Rules, specifically Rule 4 over Rule 8, for determining the value of goods cleared to related parties. The appellant's failure to provide a CAS-4 certificate for valuation was also addressed, with the Tribunal upholding that the assessable value for duty discharge on clearances to sister concerns should align with the value charged to independent buyers. As a result, the appeal was allowed, setting aside the impugned orders. en-us Wed, 02 Apr 2014 00:00:00 +0530 Tue, 22 Sep 2015 14:41:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173774 The Tribunal held that the correct valuation method for goods cleared to sister concerns should be based on the value charged to independent buyers. It emphasized the need to follow the Central Excise Valuation Rules, specifically Rule 4 over Rule 8, for determining the value of goods cleared to related parties. The appellant's failure to provide a CAS-4 certificate for valuation was also addressed, with the Tribunal upholding that the assessable value for duty discharge on clearances to sister concerns should align with the value charged to independent buyers. As a result, the appeal was allowed, setting aside the impugned orders. Case-Laws Central Excise Wed, 02 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173774