https://www.taxtmi.com/caselaws?id=51637 Valuation of goods cleared to an inter-connected undertaking turns on the statutory distinction between related persons under section 4(3)(b) and other inter-connected undertaking cases under Rules 9 and 10. Rule 9 applies only where the relationship falls within the specified statutory categories, while Rule 10(b) requires valuation on the footing that the parties are not related persons in all other inter-connected undertaking cases. On that basis, the buyer's resale price cannot be used merely because the parties are inter-connected undertakings; the assessee's own sale price is the proper basis for assessable value. en-us Thu, 07 Nov 2002 00:00:00 +0530 Mon, 27 Sep 2010 12:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51637 Valuation of goods cleared to an inter-connected undertaking turns on the statutory distinction between related persons under section 4(3)(b) and other inter-connected undertaking cases under Rules 9 and 10. Rule 9 applies only where the relationship falls within the specified statutory categories, while Rule 10(b) requires valuation on the footing that the parties are not related persons in all other inter-connected undertaking cases. On that basis, the buyer's resale price cannot be used merely because the parties are inter-connected undertakings; the assessee's own sale price is the proper basis for assessable value. Case-Laws Central Excise Thu, 07 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51637