https://www.taxtmi.com/caselaws?id=765663 CESTAT Chennai held that inter-connected undertakings under Section 4(3)(b)(i) of Central Excise Act, 1944 are not automatically subject to valuation under Rules 8 or 9 of Central Excise Valuation Rules, 2000 unless they are further related as specified in sub-clauses (ii), (iii), or (iv). The parties were inter-connected but not holding/subsidiary companies, thus Rule 10(b) applied requiring valuation as unrelated persons. The demand was also barred by limitation as the appellant had complied with departmental instructions regarding CAS-4 valuation, indicating interpretational issues. Appeal allowed. en-us Wed, 05 Feb 2025 00:00:00 +0530 Fri, 07 Feb 2025 08:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765663 CESTAT Chennai held that inter-connected undertakings under Section 4(3)(b)(i) of Central Excise Act, 1944 are not automatically subject to valuation under Rules 8 or 9 of Central Excise Valuation Rules, 2000 unless they are further related as specified in sub-clauses (ii), (iii), or (iv). The parties were inter-connected but not holding/subsidiary companies, thus Rule 10(b) applied requiring valuation as unrelated persons. The demand was also barred by limitation as the appellant had complied with departmental instructions regarding CAS-4 valuation, indicating interpretational issues. Appeal allowed. Case-Laws Central Excise Wed, 05 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765663