https://www.taxtmi.com/caselaws?id=368298 A demand cannot be revived against an assessee when the earlier appellate order in its favour was not challenged and had attained finality; the duty demand was therefore unsustainable. In related-person valuation disputes under Section 4(1)(a) of the Central Excise Act, comparable sales to independent buyers can defeat a resale-price based undervaluation theory, especially where the price to the related concern is near normal market value and reflects a business discount. The Tribunal also found bona fide belief on job-work valuation, so the extended limitation period was unavailable. The remaining duty demands, penalties, and confiscation were set aside. en-us Wed, 03 Oct 2018 00:00:00 +0530 Mon, 24 Feb 2020 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368298 A demand cannot be revived against an assessee when the earlier appellate order in its favour was not challenged and had attained finality; the duty demand was therefore unsustainable. In related-person valuation disputes under Section 4(1)(a) of the Central Excise Act, comparable sales to independent buyers can defeat a resale-price based undervaluation theory, especially where the price to the related concern is near normal market value and reflects a business discount. The Tribunal also found bona fide belief on job-work valuation, so the extended limitation period was unavailable. The remaining duty demands, penalties, and confiscation were set aside. Case-Laws Central Excise Wed, 03 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368298