2008 (3) TMI 566

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t. Shri K.K. Banerjee, Advocate, for the Respondent. [Order per : Chittaranjan Satapathy, Member (T)]. - Heard both sides. 2. The respondents have, during the impugned period, transferred the impugned goods from one unit of theirs to another unit. In one of their earlier cases, the application for extended period of limitation was not allowed on the ground that they did not have a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....has been transferred, whereas there were sales to independent buyers during both the periods before July, 2000 and after July, 2000. Hence, we are of the view that the valuation of such transfers have to be made at prices at which the respondents have sold the goods to independent buyers at arm's length price. Whatever extra duty is paid by them would also be available as credit for the second uni....