Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Supreme Court dismisses appeal on price variation, no substantial legal question. Bulk purchases considered.</h1> <h3>Commissioner Versus Samtel Electron Devices Ltd.</h3> The Supreme Court dismissed the appeal as no substantial question of law arose, based on the finding that price variation was not significant due to bulk ... Valuation - Variation in prices - Group companies - Apex Court dismissed the appeal of the revenue against the decision of tribunal in view of that, a clear finding of fact has been arrived at by the CEGAT [2003 (9) TMI 434 - CESTAT, NEW DELHI] to the effect that variation in prices was not two to eight percent and that was also because of the bulk purchases made by the two companies from the respondents herein. No substantial question of law arises. The Supreme Court dismissed the appeal as no substantial question of law arose, based on the finding that price variation was not significant due to bulk purchases made by the companies from the respondents. (Case Citation: 2015 (3) TMI 1121 - SC)