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2005 (11) TMI 69 - SC - Central ExciseExcise duty evasion - Held that:- It is not disputed that the sales made to the persons other than the related person, were of significant quantity, viz, for the period from 1st June, 1987 to March 1988 the sales to persons other than the related person was to the tune of nearly 36% and for the period from June 1988 to March 1989 the same was to the tune of nearly 43%. Thus, in our view, the price at which the goods were sold to the persons other than the related person could form the basis for determining the value of the goods for the purposes of levying duty thereon. Since the assessee had cleared the goods by way of sale in favour of a related person at the same price at which it had been sold to other buyers, we are inclined to accept the view taken by the Tribunal as well as that of the Collector. Appeal dismissed.
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