https://www.taxtmi.com/caselaws?id=113059 The Tribunal upheld the duty demand in a case concerning the assessable value of Ayurvedic Medicines sold by a super stockist, determining that the value at which the super stockist sold the medicines should be adopted due to the familial relationship between the super stockist and the appellants. Relying on the principle of mutuality of interest in business transactions and precedent in Avon Scales Co. v. CCE, Delhi, the Tribunal considered the familial ties as establishing a close connection between the entities, leading to the rejection of the appeal. en-us Fri, 06 Aug 2004 00:00:00 +0530 Thu, 03 May 2012 15:31:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113059 The Tribunal upheld the duty demand in a case concerning the assessable value of Ayurvedic Medicines sold by a super stockist, determining that the value at which the super stockist sold the medicines should be adopted due to the familial relationship between the super stockist and the appellants. Relying on the principle of mutuality of interest in business transactions and precedent in Avon Scales Co. v. CCE, Delhi, the Tribunal considered the familial ties as establishing a close connection between the entities, leading to the rejection of the appeal. Case-Laws Central Excise Fri, 06 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113059