https://www.taxtmi.com/caselaws?id=351506 The Tribunal, in the case concerning the valuation of clinker transferred to a sister unit under the Central Excise Valuation Rules, resolved the dispute by applying Rule 8 for assessing duty at 110% of the cost of production. Relying on the updated Rule and the Supreme Court's interpretation, the Tribunal allowed the appeals in favor of the appellant, emphasizing consistent application of valuation rules in different scenarios. The decision aligned with precedent and clarified the correct valuation method for stock transfers to sister units, setting aside the Revenue's position advocating for Rule 4 based on transaction value. en-us Wed, 08 Nov 2017 00:00:00 +0530 Sat, 25 Nov 2017 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351506 The Tribunal, in the case concerning the valuation of clinker transferred to a sister unit under the Central Excise Valuation Rules, resolved the dispute by applying Rule 8 for assessing duty at 110% of the cost of production. Relying on the updated Rule and the Supreme Court's interpretation, the Tribunal allowed the appeals in favor of the appellant, emphasizing consistent application of valuation rules in different scenarios. The decision aligned with precedent and clarified the correct valuation method for stock transfers to sister units, setting aside the Revenue's position advocating for Rule 4 based on transaction value. Case-Laws Central Excise Wed, 08 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351506