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Central Excise - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Valuation - related party transaction - there is interdependence ...


Court Confirms Rejection of Valuation in Related Party Transactions Due to Interdependence and Facade of Corporate Entities.

July 5, 2018

Case Laws     Central Excise     AT

Valuation - related party transaction - there is interdependence between the appellants - it has to be held that leave about mutuality of interest, all the companies were one and the same managed by one person; corporate entities are created as a façade - Rejection of valuation confirmed.

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