https://www.taxtmi.com/caselaws?id=83712 The Tribunal ruled in favor of the appellants in a case concerning the valuation of Oxygen Gas for Central Excise Duty. It was determined that the appellants and M/s. Universal Oxygen Company were separate legal entities, not related persons, despite the commercial contract between them. The Tribunal held that the assessable value should not be based on the sale price to M/s. Universal Oxygen Company, setting aside the previous order and allowing the appeal with consequential relief. The Department's argument for remand based on additional considerations was rejected, and their cross objections were disposed of accordingly. en-us Fri, 08 Apr 1994 00:00:00 +0530 Sat, 16 Jul 2011 11:53:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83712 The Tribunal ruled in favor of the appellants in a case concerning the valuation of Oxygen Gas for Central Excise Duty. It was determined that the appellants and M/s. Universal Oxygen Company were separate legal entities, not related persons, despite the commercial contract between them. The Tribunal held that the assessable value should not be based on the sale price to M/s. Universal Oxygen Company, setting aside the previous order and allowing the appeal with consequential relief. The Department's argument for remand based on additional considerations was rejected, and their cross objections were disposed of accordingly. Case-Laws Central Excise Fri, 08 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83712