https://www.taxtmi.com/caselaws?id=796047 Supplies to an associated concern are not subject to cost-based valuation solely because of that relationship. The article notes that, where there is no evidence of flow-back or additional consideration, such supplies remain sales governed by the normal valuation provision rather than the cost-construction method under Rule 6(b)(ii). It states that an earlier decision involving identical supplies to the same associated concern applied the same approach, and Revenue's challenge to that decision was rejected. Accordingly, the alleged undervaluation demand based only on related-party status was unsustainable. en-us Tue, 21 Jul 2026 00:00:00 +0530 Fri, 31 Jul 2026 08:27:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796047 Supplies to an associated concern are not subject to cost-based valuation solely because of that relationship. The article notes that, where there is no evidence of flow-back or additional consideration, such supplies remain sales governed by the normal valuation provision rather than the cost-construction method under Rule 6(b)(ii). It states that an earlier decision involving identical supplies to the same associated concern applied the same approach, and Revenue's challenge to that decision was rejected. Accordingly, the alleged undervaluation demand based only on related-party status was unsustainable. Case-Laws Central Excise Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796047