2025 (11) TMI 936

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....zed Representative for the Appellant Mr. S. K. Jha, Authorized Representative for the Respondent ORDER PER R. MURALIDHAR The appellant has cleared their finished goods, Sponge Iron falling under CET 72031000 to their sister concern during the period 2009-10. On the ground that the appellant has not followed the value for such Sponge Iron based on the value adopted for independent buyer....

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....situation. 6. This Bench in the case of Steel Authority of India Limited v. Commissioner of Central Excise & Service Tax, Ranchi-I, 2025 (3) TMI 565- CESTAT Kolkata, has held as under :  "3. The appellant submits that the entire demand is not sustainable on the ground of revenue neutrality. The final product cleared from the Appellant's factory to their other units are used by the....

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.... 2016 pertaining to a different unit of the same assessee and concerning the same issue pertaining to valuation of inter-unit transfer of refractory material had held that no demand is sustainable since the issue is revenue neutral. The relevant paragraph of the said decision is extracted below for ready reference - ..... 6.3. In view of the above discussions and by relying upon ....