https://www.taxtmi.com/caselaws?id=217795 The Revenue's appeal against the dropped demand of duty, interest, and penalty based on related party transactions under the Central Excise Act was dismissed. The Tribunal found that the companies involved were not evading duty by selling goods at lower prices, as they were selling to independent buyers at comparable rates. The presence of common directors did not imply an interest in each other's business, leading to the dismissal of the appeal. en-us Tue, 14 Feb 2012 00:00:00 +0530 Wed, 10 Oct 2012 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217795 The Revenue's appeal against the dropped demand of duty, interest, and penalty based on related party transactions under the Central Excise Act was dismissed. The Tribunal found that the companies involved were not evading duty by selling goods at lower prices, as they were selling to independent buyers at comparable rates. The presence of common directors did not imply an interest in each other's business, leading to the dismissal of the appeal. Case-Laws Central Excise Tue, 14 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217795