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2017 (1) TMI 374 - AT - Central ExciseValuation - interconnected undertaking as per proviso 1(a)(iii) to Section 4 of Central Excise Act, 1944 - related party transaction - Rule 9 read with 10A of the Central Excise valuation Rules, 2000 - Held that: - The provision of Rule 9/10(a) are not applicable to of Section 4(3)(b)(i) of Central Excise Act, 1944 as Rule 9/10(a) are not applicable to interconnected undertakings being related persons, therefore, the proceedings initiated against the appellants are not sustainable - appeal allowed - decided in favor of appellant.
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