Valuation of Goods Cleared to Sister Units Based on Comparable Contract Price Allowed, Amendment to Rule 8 of Central Excise Valuation Rules applies from December 1, 2013 only: CESTAT [Read Order]

Valuation of Goods Cleared to Sister Units Based on Comparable Contract Price - Amendment to Rule 8 of Central Excise Valuation Rules applies - CESTAT - TAXSCAN

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Chennai has held that the goods cleared to sister units of the assessee shall be valued based on the Comparable Contract Price since the Amendment to Rule 8 of Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000 shall be applicable only after December…

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