https://www.taxtmi.com/caselaws?id=41919 The court ruled that the petitioner's main dealers were not 'related persons' under Section 4(4)(c) of the Central Excises & Salt Act, 1944. The assessable value for excise duty should be determined based on the price at which the goods were initially sold to the main dealers. The court found that the agreements indicated the main dealers were independent purchasers, not distributors. The judgment emphasized considering the legal incidences of the sale and the actual business relationship rather than relying solely on titles or nomenclature. en-us Mon, 28 Sep 1981 00:00:00 +0530 Tue, 08 Jun 2010 10:04:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41919 The court ruled that the petitioner's main dealers were not 'related persons' under Section 4(4)(c) of the Central Excises & Salt Act, 1944. The assessable value for excise duty should be determined based on the price at which the goods were initially sold to the main dealers. The court found that the agreements indicated the main dealers were independent purchasers, not distributors. The judgment emphasized considering the legal incidences of the sale and the actual business relationship rather than relying solely on titles or nomenclature. Case-Laws Central Excise Mon, 28 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41919