https://www.taxtmi.com/caselaws?id=73960 Alleged wholesale sales to independent dealers were rejected as non-genuine where surrounding circumstances, dealer statements, commission arrangements, route restrictions, and use of the former distributor's facilities showed a controlled marketing structure rather than true arm's length sales at the factory gate. On that basis, the revised price list was not accepted for valuation and the duty demand based on suppression and misdeclaration was sustained. The commentary also notes that while penalty was justified for evasion, it had to remain proportionate, so the penalty was reduced and the confiscation of land, building, plant and machinery was set aside for lack of adequate justification. en-us Thu, 07 Apr 1988 00:00:00 +0530 Sat, 04 Jun 2011 17:16:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73960 Alleged wholesale sales to independent dealers were rejected as non-genuine where surrounding circumstances, dealer statements, commission arrangements, route restrictions, and use of the former distributor's facilities showed a controlled marketing structure rather than true arm's length sales at the factory gate. On that basis, the revised price list was not accepted for valuation and the duty demand based on suppression and misdeclaration was sustained. The commentary also notes that while penalty was justified for evasion, it had to remain proportionate, so the penalty was reduced and the confiscation of land, building, plant and machinery was set aside for lack of adequate justification. Case-Laws Central Excise Thu, 07 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73960