Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (10) TMI 1029 - CESTAT NEW DELHIValuation - related party transaction - case of Revenue is that the respondent failed to produce sufficient documentary evidence to establish that they are not associate or interconnected company of M/s Shri Ram Cable Pvt. Ltd. - Held that: - When the revenue proceeded to treat the persons as related parties on certain evidence, the non-availability of such evidence for later period will certainly change the liability. No other evidence was brought in to show that two parties are related entities for the purpose of Central Excise Valuation - reliance placed in the case of COMMISSIONER OF CENTRAL EXCISE, AHMEDABAD Versus XEROGRAPHIC LTD. [2006 (3) TMI 308 - SUPREME COURT], where it was held that the evidences in the present case do not satisfy the criteria to deal the transactions as related party transaction. Appeal dismissed - decided against Revenue.
|