https://www.taxtmi.com/caselaws?id=49810 The case involved allegations of duty evasion and the existence of a sham company by the department against M/s. Universal Luggage Manufacturing Co. Ltd. (ULM) based on sales to its wholesale subsidiary, Aristocrat Marketing Ltd (AML). The Collector accepted ULM's contentions of being a distinct corporate entity, emphasizing sales patterns and AML's independence. The judgment dismissed the appeal, acknowledging AML as a separate juristic entity and interpreting proviso (iii) to Section 4(1)(a) to prevent duty evasion through fair pricing practices, particularly in sales to related entities like AML. en-us Thu, 10 Feb 2000 00:00:00 +0530 Tue, 17 Aug 2010 15:59:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49810 The case involved allegations of duty evasion and the existence of a sham company by the department against M/s. Universal Luggage Manufacturing Co. Ltd. (ULM) based on sales to its wholesale subsidiary, Aristocrat Marketing Ltd (AML). The Collector accepted ULM's contentions of being a distinct corporate entity, emphasizing sales patterns and AML's independence. The judgment dismissed the appeal, acknowledging AML as a separate juristic entity and interpreting proviso (iii) to Section 4(1)(a) to prevent duty evasion through fair pricing practices, particularly in sales to related entities like AML. Case-Laws Central Excise Thu, 10 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49810