https://www.taxtmi.com/caselaws?id=86452 Where sales are treated as having been made to a related person and no reliable evidence of the actual sale price is produced, assessable value may be determined by reference to comparable goods cleared by another manufacturer; the departmental valuation was upheld. The exemption for tea chest plywood panels was unavailable because the notification applied only where the goods were cut into panels or shooks, packed in sets, and satisfied the specified ISI standard or direct supply condition, none of which was proved; denial of exemption was upheld. en-us Mon, 11 Dec 1995 00:00:00 +0530 Wed, 24 Aug 2011 18:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86452 Where sales are treated as having been made to a related person and no reliable evidence of the actual sale price is produced, assessable value may be determined by reference to comparable goods cleared by another manufacturer; the departmental valuation was upheld. The exemption for tea chest plywood panels was unavailable because the notification applied only where the goods were cut into panels or shooks, packed in sets, and satisfied the specified ISI standard or direct supply condition, none of which was proved; denial of exemption was upheld. Case-Laws Central Excise Mon, 11 Dec 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86452