https://www.taxtmi.com/caselaws?id=41920 The court ruled in favor of the petitioner, a pressure cooker manufacturer, in a dispute over the assessment of assessable value for products sold to a partnership firm. Despite Excise authorities contesting the declared price as not a wholesale cash price, the court held that the transactions were at arms length, rejecting claims that the partnership firm was the actual manufacturer. The court ordered the authorities to refund the price difference to the petitioner within three months, overturning the rejection of the claim and not imposing costs on either party. en-us Tue, 18 Sep 1979 00:00:00 +0530 Tue, 08 Jun 2010 10:06:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41920 The court ruled in favor of the petitioner, a pressure cooker manufacturer, in a dispute over the assessment of assessable value for products sold to a partnership firm. Despite Excise authorities contesting the declared price as not a wholesale cash price, the court held that the transactions were at arms length, rejecting claims that the partnership firm was the actual manufacturer. The court ordered the authorities to refund the price difference to the petitioner within three months, overturning the rejection of the claim and not imposing costs on either party. Case-Laws Central Excise Tue, 18 Sep 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41920