https://www.taxtmi.com/caselaws?id=40579 The court held that Sikri and Grover cannot be treated as "related persons" under the Central Excises and Salt Act. The assessable value for excise duty should be based on the wholesale price at the factory gate, not the selling price in Bombay. Post-manufacturing expenses should be excluded from the assessable value. The court allowed the writ petition, quashing the respondents' orders and determining the assessable value as per the petitioner's contentions. The rule nisi was made absolute, with no costs awarded. en-us Thu, 25 Jan 1979 00:00:00 +0530 Mon, 10 May 2010 17:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40579 The court held that Sikri and Grover cannot be treated as "related persons" under the Central Excises and Salt Act. The assessable value for excise duty should be based on the wholesale price at the factory gate, not the selling price in Bombay. Post-manufacturing expenses should be excluded from the assessable value. The court allowed the writ petition, quashing the respondents' orders and determining the assessable value as per the petitioner's contentions. The rule nisi was made absolute, with no costs awarded. Case-Laws Central Excise Thu, 25 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40579