https://www.taxtmi.com/caselaws?id=365058 The Tribunal allowed the appeals, ruling that M/s LG and M/s Onida are not related to M/s VPIPL under Section 4(3)(b) of the Central Excise Act. The valuation method of goods cleared by M/s VPIPL to M/s LG and M/s Onida was deemed correct, and penalties imposed on all parties were set aside as there was no evidence of related party transactions. en-us Mon, 11 Dec 2017 00:00:00 +0530 Fri, 10 Aug 2018 08:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365058 The Tribunal allowed the appeals, ruling that M/s LG and M/s Onida are not related to M/s VPIPL under Section 4(3)(b) of the Central Excise Act. The valuation method of goods cleared by M/s VPIPL to M/s LG and M/s Onida was deemed correct, and penalties imposed on all parties were set aside as there was no evidence of related party transactions. Case-Laws Central Excise Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365058