https://www.taxtmi.com/caselaws?id=448321 CESTAT Chennai held that the transaction between appellant and co-party was on principal-to-principal basis, not job work arrangement, based on agreement stipulations. Following its own precedent and citing established case law, the Tribunal set aside the demand and penalties imposed on both parties. The impugned order was overturned and appeal was allowed, with the Tribunal determining that the demand could not sustain under the circumstances. en-us Tue, 16 Jan 2024 00:00:00 +0530 Wed, 17 Jan 2024 08:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448321 CESTAT Chennai held that the transaction between appellant and co-party was on principal-to-principal basis, not job work arrangement, based on agreement stipulations. Following its own precedent and citing established case law, the Tribunal set aside the demand and penalties imposed on both parties. The impugned order was overturned and appeal was allowed, with the Tribunal determining that the demand could not sustain under the circumstances. Case-Laws Central Excise Tue, 16 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448321