https://www.taxtmi.com/caselaws?id=41650 The court overturned the Excise authorities' rejection of the manufacturer's sales price to a specific buyer as the wholesale cash price for excise duty assessment. The court found the buyer was not favored and emphasized that commercial pricing practices and agreements for services do not negate a sale as wholesale. The judgment clarified the criteria for determining the wholesale cash price, highlighting the narrow interpretation of 'related person' in such matters. The court allowed the manufacturer's appeal, set the wholesale cash price for the relevant period, and awarded costs to the appellant. en-us Tue, 16 Jul 1985 00:00:00 +0530 Sat, 05 Jun 2010 11:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41650 The court overturned the Excise authorities' rejection of the manufacturer's sales price to a specific buyer as the wholesale cash price for excise duty assessment. The court found the buyer was not favored and emphasized that commercial pricing practices and agreements for services do not negate a sale as wholesale. The judgment clarified the criteria for determining the wholesale cash price, highlighting the narrow interpretation of 'related person' in such matters. The court allowed the manufacturer's appeal, set the wholesale cash price for the relevant period, and awarded costs to the appellant. Case-Laws Central Excise Tue, 16 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41650