https://www.taxtmi.com/caselaws?id=73429 Assessable value for printed cotton fabrics sold to stitching units cannot be enhanced by treating the stitchers as related persons unless the statutory relationship and any additional consideration or mutual business interest are proved. On the recorded facts, no extra consideration from the stitchers to the seller was established, and the stitchers were found to be users of the fabrics for conversion into made-up articles, not resellers. The value of finished bed-sheets and pillow covers could not be substituted for the value of cotton fabrics sold in running length because the products were commercially distinct. The valuation adopted by the department was therefore unsustainable, and the demand based on the stitched-goods value was set aside. en-us Thu, 26 Nov 1987 00:00:00 +0530 Tue, 31 May 2011 18:07:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73429 Assessable value for printed cotton fabrics sold to stitching units cannot be enhanced by treating the stitchers as related persons unless the statutory relationship and any additional consideration or mutual business interest are proved. On the recorded facts, no extra consideration from the stitchers to the seller was established, and the stitchers were found to be users of the fabrics for conversion into made-up articles, not resellers. The value of finished bed-sheets and pillow covers could not be substituted for the value of cotton fabrics sold in running length because the products were commercially distinct. The valuation adopted by the department was therefore unsustainable, and the demand based on the stitched-goods value was set aside. Case-Laws Central Excise Thu, 26 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73429