https://www.taxtmi.com/caselaws?id=51295 The Tribunal held that Kwality Ice Cream Co. and Brooke Bond Lipton India Ltd. are not related persons, the transaction is on a principal-to-principal basis, and the price was the sole consideration for the sale of goods. Consequently, the assessable value cannot be computed based on the price at which BBLIL sold the product from its depot. The Tribunal set aside the impugned orders and allowed the appeals. en-us Wed, 03 Apr 2002 00:00:00 +0530 Fri, 24 Sep 2010 09:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51295 The Tribunal held that Kwality Ice Cream Co. and Brooke Bond Lipton India Ltd. are not related persons, the transaction is on a principal-to-principal basis, and the price was the sole consideration for the sale of goods. Consequently, the assessable value cannot be computed based on the price at which BBLIL sold the product from its depot. The Tribunal set aside the impugned orders and allowed the appeals. Case-Laws Central Excise Wed, 03 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51295