https://www.taxtmi.com/caselaws?id=268432 The Tribunal allowed the appeal, setting aside the impugned order and confirming that the correct valuation method was the transaction value of goods sold to independent buyers, not the cost construction method under Rule 8. The interconnected undertakings were not considered related persons as per the specified sub-clauses of Section 4(3)(b), and thus, Rule 9 was also inapplicable. en-us Tue, 03 Mar 2015 00:00:00 +0530 Fri, 12 Feb 2016 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268432 The Tribunal allowed the appeal, setting aside the impugned order and confirming that the correct valuation method was the transaction value of goods sold to independent buyers, not the cost construction method under Rule 8. The interconnected undertakings were not considered related persons as per the specified sub-clauses of Section 4(3)(b), and thus, Rule 9 was also inapplicable. Case-Laws Central Excise Tue, 03 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268432