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2009 (5) TMI 852 - AT - Central ExciseValuation - loan license arrangement - demand on the ground that the price at which Dr. Reddys labs are selling the medicines from their Depot will be the basis for determining the assessable value and duty payable by the respondents as a loan licensee - Held that: - It is absolutely clear that there is no sale involved in the transaction between the respondent and Dr. Reddys Labs Ltd., hence, the valuation of the goods cleared by the respondents can not be done under Section 4(1)(a) and has to be done under Section 4(1)(b) only - appeal dismissed - decided against Revenue.
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