https://www.taxtmi.com/caselaws?id=443751 The Tribunal allowed the appeal, setting aside the duty demand under Rule 11 of Valuation Rules. It held that the value of goods sold to inter-connected undertakings should be determined under Rule 10(a) as if they were not related persons. The Tribunal ruled in favor of the appellant, finding that the duty should be based on transaction value and not under Rule 11. The imposition of excise duty based on the valuation of goods sold was rejected, and the impugned order was set aside. en-us Fri, 29 Sep 2023 00:00:00 +0530 Sat, 30 Sep 2023 08:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443751 The Tribunal allowed the appeal, setting aside the duty demand under Rule 11 of Valuation Rules. It held that the value of goods sold to inter-connected undertakings should be determined under Rule 10(a) as if they were not related persons. The Tribunal ruled in favor of the appellant, finding that the duty should be based on transaction value and not under Rule 11. The imposition of excise duty based on the valuation of goods sold was rejected, and the impugned order was set aside. Case-Laws Central Excise Fri, 29 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443751