https://www.taxtmi.com/caselaws?id=44891 Sales made directly to industrial consumers are not presumed to be wholesale sales; the character of the transaction must be determined from the facts found in each case. On the record, there was no finding that the thread rubber and rubber compound sales were bulk sales to any particular consumer, so the price charged could not be treated as the normal price for assessment merely because the buyers were industrial concerns. The Tribunal's factual conclusion was upheld, no error of law or fact was shown, and the Revenue's contention was rejected. en-us Thu, 04 Dec 1997 00:00:00 +0530 Tue, 06 Jul 2010 15:23:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44891 Sales made directly to industrial consumers are not presumed to be wholesale sales; the character of the transaction must be determined from the facts found in each case. On the record, there was no finding that the thread rubber and rubber compound sales were bulk sales to any particular consumer, so the price charged could not be treated as the normal price for assessment merely because the buyers were industrial concerns. The Tribunal's factual conclusion was upheld, no error of law or fact was shown, and the Revenue's contention was rejected. Case-Laws Central Excise Thu, 04 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44891