https://www.taxtmi.com/caselaws?id=774728 CESTAT Kolkata allowed the appeal regarding assessable value determination for goods cleared to sister units and third parties. The appellant cleared goods both to related sister units and independent third-party buyers. Under Rule 8 of Central Excise Valuation Rules 2000 and following Ispat Industries Ltd precedent, when production is cleared partially to third parties, transaction value applies rather than costing plus profit margin method. The tribunal found evidence of third-party sales through transfer documents, making Rule 8 costing method inapplicable. Additionally, demand of Rs.1,20,755 based on debit note was set aside due to lack of corroborative evidence. The tribunal also ruled the demand was time-barred as no suppression was established, with appellants consistently filing statutory returns reflecting their valuation method. en-us Wed, 09 Jul 2025 00:00:00 +0530 Sat, 12 Jul 2025 12:13:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774728 CESTAT Kolkata allowed the appeal regarding assessable value determination for goods cleared to sister units and third parties. The appellant cleared goods both to related sister units and independent third-party buyers. Under Rule 8 of Central Excise Valuation Rules 2000 and following Ispat Industries Ltd precedent, when production is cleared partially to third parties, transaction value applies rather than costing plus profit margin method. The tribunal found evidence of third-party sales through transfer documents, making Rule 8 costing method inapplicable. Additionally, demand of Rs.1,20,755 based on debit note was set aside due to lack of corroborative evidence. The tribunal also ruled the demand was time-barred as no suppression was established, with appellants consistently filing statutory returns reflecting their valuation method. Case-Laws Central Excise Wed, 09 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774728