https://www.taxtmi.com/caselaws?id=40765 In excise valuation, an agreement is not treated as arm's length where the cumulative contractual and commercial circumstances show substantial control, financial support, technical assistance, restrictions on expansion, and branded supply under one party's influence; the finding that the petitioners' arrangement with Bata Shoe Co. was not independent was upheld. An exemption notification confined to articles made of plastics under Tariff Item 15A(2) could not be extended to plastic footwear falling under Tariff Item 36, so the exemption claim failed for that period. For later notifications, exemption eligibility for footwear costing less than Rs. 5/- had to be tested on wholesale price after excluding post-manufacturing expenses, and the assessable value was remitted for fresh determination on that basis. en-us Tue, 30 Oct 1979 00:00:00 +0530 Fri, 14 May 2010 14:44:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40765 In excise valuation, an agreement is not treated as arm's length where the cumulative contractual and commercial circumstances show substantial control, financial support, technical assistance, restrictions on expansion, and branded supply under one party's influence; the finding that the petitioners' arrangement with Bata Shoe Co. was not independent was upheld. An exemption notification confined to articles made of plastics under Tariff Item 15A(2) could not be extended to plastic footwear falling under Tariff Item 36, so the exemption claim failed for that period. For later notifications, exemption eligibility for footwear costing less than Rs. 5/- had to be tested on wholesale price after excluding post-manufacturing expenses, and the assessable value was remitted for fresh determination on that basis. Case-Laws Central Excise Tue, 30 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40765