https://www.taxtmi.com/caselaws?id=82171 The Tribunal allowed the appeal, setting aside the Collector's order. It held that the assessable value of goods sold by the appellants to M/s. Voltas should not be based on the price at which M/s. Voltas sold to their dealers. Additionally, M/s. Voltas were not considered related persons to the appellants under Section 4(4)(c) of the Central Excises and Salt Act, 1944. The majority opinion found that the agreement was on a principal-to-principal basis, and the restrictive clauses did not establish mutual interest, leading to the dismissal of the related persons classification. en-us Fri, 23 Oct 1992 00:00:00 +0530 Sat, 02 Jul 2011 13:42:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82171 The Tribunal allowed the appeal, setting aside the Collector's order. It held that the assessable value of goods sold by the appellants to M/s. Voltas should not be based on the price at which M/s. Voltas sold to their dealers. Additionally, M/s. Voltas were not considered related persons to the appellants under Section 4(4)(c) of the Central Excises and Salt Act, 1944. The majority opinion found that the agreement was on a principal-to-principal basis, and the restrictive clauses did not establish mutual interest, leading to the dismissal of the related persons classification. Case-Laws Central Excise Fri, 23 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82171