https://www.taxtmi.com/caselaws?id=348853 The Tribunal held that goods sold to related parties should be valued based on transaction value unless there is evidence of mutual interest in each other's business. Mere interconnectedness does not justify using CAS 4 standard costing. The appellant successfully challenged the duty demand based on Rule 10(b) transaction value, citing a favorable Tribunal decision. The Tribunal emphasized that Rule 9 of the Valuation Rules applies only in specific circumstances, ultimately allowing the appeal and setting aside the duty demand. en-us Wed, 09 Aug 2017 00:00:00 +0530 Wed, 29 Nov 2017 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348853 The Tribunal held that goods sold to related parties should be valued based on transaction value unless there is evidence of mutual interest in each other's business. Mere interconnectedness does not justify using CAS 4 standard costing. The appellant successfully challenged the duty demand based on Rule 10(b) transaction value, citing a favorable Tribunal decision. The Tribunal emphasized that Rule 9 of the Valuation Rules applies only in specific circumstances, ultimately allowing the appeal and setting aside the duty demand. Case-Laws Central Excise Wed, 09 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348853