Entities Manipulated Prices to Avoid Excise Duty; Suppression of Facts Confirmed, Demand Upheld Against Appellant.

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....Valuation - interconnected units - These two entities charged higher price on the third parties on which no excise duty was paid. Therefore this is not a case where Revenue neutrality will arise. It is a clear case that Appellant was avoiding Excise Duty payment by charging higher price for the supplies made by their interconnected units. - the fact of suppression is also well established - Demand confirmed - AT....