https://www.taxtmi.com/caselaws?id=390762 The Tribunal held that the transfer of goods between sister units constituted a stock transfer, not a sale, impacting central excise duty valuation. Rule 8 mandated valuing captively consumed goods at 110% of the cost of manufacture, determined by CAS-4 certificate. The appellant's non-compliance led to demands for duty, interest, and penalties. The Tribunal upheld the extended limitation period invocation due to deliberate evasion and imposed penalties despite lack of profit margin justification, affirming the correctness of the orders. en-us Thu, 19 Dec 2019 00:00:00 +0530 Sat, 11 Jan 2020 06:51:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390762 The Tribunal held that the transfer of goods between sister units constituted a stock transfer, not a sale, impacting central excise duty valuation. Rule 8 mandated valuing captively consumed goods at 110% of the cost of manufacture, determined by CAS-4 certificate. The appellant's non-compliance led to demands for duty, interest, and penalties. The Tribunal upheld the extended limitation period invocation due to deliberate evasion and imposed penalties despite lack of profit margin justification, affirming the correctness of the orders. Case-Laws Central Excise Thu, 19 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390762