2016 (12) TMI 775

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....ADC (AR) For the respondent         ORDER There is no dispute by the appellant that the transactions made by it during the impugned period were with its related party.  This attracted section 4 (1) (b) of the Central Excise Act, 1944, read with Section 4 (3) (b) thereof.  For such reason, Rule 9 of the Central Excise (Valuation) Rules 2000, was appli....

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.... production or manufacture of articles, the value shall be determined in the manner specified in rule 8." 2.  Rule 9 requires that the value of related party transactions shall be determined in the manner prescribed by that Rule, which  requires that reasonable means consistent with the principles and general provisions of valuation rules read with section 4 (1) of the Central Excise Ac....