https://www.taxtmi.com/caselaws?id=774076 Clearances to an inter-connected undertaking must be valued under the specific valuation rule applicable to inter-connected undertakings, not under the rule reserved for sales to or through related persons where the statutory conditions are not shown. Because the units were treated only as inter-connected and no finding of mutuality of interest or related-person status was recorded, the demand based on the wrong valuation basis was unsustainable. The extended period of limitation also could not be invoked, as the assessee was registered, filed returns, and the record did not establish suppression of facts with intent to evade duty. Consequential relief followed. en-us Wed, 18 Jun 2025 00:00:00 +0530 Thu, 03 Jul 2025 08:34:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774076 Clearances to an inter-connected undertaking must be valued under the specific valuation rule applicable to inter-connected undertakings, not under the rule reserved for sales to or through related persons where the statutory conditions are not shown. Because the units were treated only as inter-connected and no finding of mutuality of interest or related-person status was recorded, the demand based on the wrong valuation basis was unsustainable. The extended period of limitation also could not be invoked, as the assessee was registered, filed returns, and the record did not establish suppression of facts with intent to evade duty. Consequential relief followed. Case-Laws Central Excise Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774076