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Central Excise - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Valuation - related party transaction - sister concerns - Only ...


Partnership and private company relationships aren't defined by partner-director ties; impacts related party transactions under Central Excise laws.

February 25, 2020

Case Laws     Central Excise     AT

Valuation - related party transaction - sister concerns - Only on the basis of natural relationship between the partner of a partnership firm and Director of private limited company, it cannot be a criteria to decide the relationship between a partnership firm and private limited company. - AT

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