https://www.taxtmi.com/caselaws?id=368566 The Tribunal ruled that M/s Hindustan and M/s Malkoh are not related persons under Section 4(3)(b)(ii) of the Central Excise Act, 1944. Consequently, Rule 9 of the Central Excise Valuation Rules, 2000, does not apply to their transactions. The duty demand and penalties imposed on the appellants were deemed unsustainable and were thus set aside. The appeals were allowed with consequential relief, with the demand against M/s Hindustan being set aside and no penalties imposed on both appellants. en-us Fri, 05 Oct 2018 00:00:00 +0530 Sat, 01 Dec 2018 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368566 The Tribunal ruled that M/s Hindustan and M/s Malkoh are not related persons under Section 4(3)(b)(ii) of the Central Excise Act, 1944. Consequently, Rule 9 of the Central Excise Valuation Rules, 2000, does not apply to their transactions. The duty demand and penalties imposed on the appellants were deemed unsustainable and were thus set aside. The appeals were allowed with consequential relief, with the demand against M/s Hindustan being set aside and no penalties imposed on both appellants. Case-Laws Central Excise Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368566