Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

1991 (12) TMI 170

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nt]. The present appeal is a transferred matter in terms of provisions of Section 35P of the Central Excises and Salt Act, 1944. There was a review show cause notice issued under erstwhile Section 36(2) of the Central Excises and Salt Act, 1944, dated 7-7-1982 and the same is being treated as an appeal. Notice of hearing was sent to the respondents. The respondents wanted papers and the same .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... granted by the Supreme Court in view of the Tribunal s decision vide Order No. 602-603/1986-A, dated 12-8-1986, to this Shri Satish Kumar stated that he has got no information in this regard. However, he fairly stated that the facts of the present review application which is being treated by the Tribunal as an appeal are similar to the earlier matter disposed of by the Tribunal. The issue involved .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ce was issued. We have as earlier discussed, the facts are not disputed. The facts of the present matter are similar to the earlier Order No. 602-603/86-A, dated 12-8-1986 in Appeal Nos. E. 41/75-A and E. 2875/83-A. Para numbers 2 and 3 which are relevant from the earlier order of the Tribunal are reproduced below :- 2. The appellants stated during the hearing that their same agreement with M/s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... be concluded that the transaction was not at arm s length. 3. The only point which the learned representative of the department made was that the sale prince of the brand name owners was almost double their purchase price and that this fact alone showed that the price charged by the appellants from the brand name owners was a favoured price. In reply, the appellants invited attention to the judg .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates