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    <title>2018 (1) TMI 917 - CESTAT NEW DELHI</title>
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    <description>The Tribunal dismissed the appeal, affirming that the appellant operated as a job worker for M/s Zydus, applying Rule 10A for valuing the excisable goods based on the terms of the manufacturing agreement. The appellant&#039;s contention of a principal-to-principal transaction was rejected, and it was determined that the goods were manufactured exclusively for M/s Zydus as per the agreement, leading to the valuation based on M/s Zydus&#039; selling price as required by Rule 10A.</description>
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      <title>2018 (1) TMI 917 - CESTAT NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=354181</link>
      <description>The Tribunal dismissed the appeal, affirming that the appellant operated as a job worker for M/s Zydus, applying Rule 10A for valuing the excisable goods based on the terms of the manufacturing agreement. The appellant&#039;s contention of a principal-to-principal transaction was rejected, and it was determined that the goods were manufactured exclusively for M/s Zydus as per the agreement, leading to the valuation based on M/s Zydus&#039; selling price as required by Rule 10A.</description>
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