TMI Blog1998 (5) TMI 194X X X X Extracts X X X X X X X X Extracts X X X X ..... The appellant manufactures talcum powder. It sells its entire production to M/s. Godrej Soaps Pvt. Ltd. Hence notice was issued proposing the assessable value of these goods to be the price at which they were sold by M/s. Godrej Soaps Pvt. Ltd. The Assistant Collector (whose order has been confirmed by the Collector (Appeals) confirmed the proposal in the notice. Hence this appeal. 2. Both th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e fact that the entire production of some of the goods manufactured by one was sold to the other does not constitute such an interest. The interest that subsisted was between the buyer and seller of the goods according to the buyer s specification. This is not enough to hold them to be related persons (Union of India v. Atic Industries - 1984 (17) E.L.T. 323). The prices at which the goods were so ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
