CESTAT Chennai rules in favor of appellants in retreading machinery pricing case

The Appellate Tribunal CESTAT CHENNAI ruled in favor of the appellants in a case involving alleged sale of retreading machineries at a lower price to franchisee holders. The tribunal found no evidence to reject the appellants' pricing strategy, as prompt payment justified the lower price offered. The impugned order was set aside, and the appeal was allowed.

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The Appellate Tribunal CESTAT CHENNAI ruled in favor of the appellants in a case involving alleged sale of retreading machineries at a lower price to franchisee holders. The tribunal found no evidence to reject the appellants' pricing strategy, as prompt payment justified the lower price offered. The impugned order was set aside, and the appeal was allowed.

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