2011 (8) TMI 667

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Jyoti Balasundaram: The demand of Rs.3,15,44,454/- confirmed by the Commissioner, Central Excise is challenged by the assessee - the demand stands confirmed as a result of adopting the price at which the related persons to the assessees sold the goods further in the open market. 2. We have heard both sides. We find that in this case, there is no dispute that the goods were being sold both to the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h the learned Counsel for the assessees submits that duty has been discharged on such price, this fact requires verification, for this purpose, we remit the case for re-quantifying the duty payable by the assessees (according to the assessee, the demand would get reduced to about Rs.1.50 crores). Fresh orders shall be passed by re-working of the demand after hearing the assessees. 3. The appeal i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X