1976 (9) TMI 45

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..... application as well as those urged during the personal hearing and have examined the records of the case. 2. Government observe that the petitioners are manufacturers of fan belts and Vee belts. They sell their production through wholesale dealers one of whom is M/s. Suri Enterprises Hubli. The partners of the petitioner company are closely related with the partners of M/s. Suri Enterprises, Hub .....

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..... 4. Thus in the instant case the assessable value as arrived under Section 4 (a) of the Central Excises and Salt Act, 1944 should be the wholesale cash price for which the products we sold to independent wholesale dealers, at the time of removal from the place of manufacture for delivery at the factory gate. 5. In view of the above Government of India set aside the order-in-appeal and allow the .....

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