https://www.taxtmi.com/caselaws?id=368670 The Tribunal dismissed the related person allegation between M/s. Tubas and M/s. K.R. Metals, citing the Companies Act and the SACI Allied Products Limited case. It was determined that even if they were related, prices should be adopted for the same class of buyers, leading to the appeal being allowed as the demand for excise duty and penalty imposition was deemed unsustainable. en-us Mon, 08 Oct 2018 00:00:00 +0530 Mon, 24 Feb 2020 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368670 The Tribunal dismissed the related person allegation between M/s. Tubas and M/s. K.R. Metals, citing the Companies Act and the SACI Allied Products Limited case. It was determined that even if they were related, prices should be adopted for the same class of buyers, leading to the appeal being allowed as the demand for excise duty and penalty imposition was deemed unsustainable. Case-Laws Central Excise Mon, 08 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368670