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Central Excise - Highlights / Catch Notes

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Valuation - normal price - Related person / party - That Shaw ...

Central Excise

April 10, 2015

Valuation - normal price - Related person / party - That Shaw Wallace and Detergents India Limited are “related persons” is made out by their holding/subsidiary relationship. However, from this, it does not follow that there is any arrangement of tax avoidance or tax evasion on the facts of this case - SC

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