Duty demand invoking rule 8 of CVR, 2000 without any reasonable justification unsustainable

Avon Steel Industries Pvt. Ltd. Vs Commissioner of Central Excise (CESTAT Chandigarh) CESTAT Chandigarh held that duty demand valuing goods cleared to sister concern in term of rule 8 of the Central Excise (Valuation) Rules, 2000 (CVR, 2000) without any reasonable justification and without providing report of Deputy Director (Cost) is unsustainable in law. Facts- The appellants are engaged in the manufacture of “HR Coils”; they sell the coils to related as well as unrelated parties. On conduct of an audit of the appellants, Revenue came to the conclusion that the appellant is clearing part...