https://www.taxtmi.com/caselaws?id=53069 The Tribunal set aside the impugned order that classified two limited companies as related parties in a dispute over medicines manufactured for each other. The appeals were allowed, ruling that the companies were not related parties, as the manufacturing agreement was purely commercial. Consequently, the demands were deemed unsustainable, leading to the revocation of penalties imposed. The decision was based on the commercial nature of the agreement and aligned with legal precedent, resulting in consequential relief for the appellants. en-us Fri, 27 Aug 2004 00:00:00 +0530 Sat, 09 Oct 2010 14:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53069 The Tribunal set aside the impugned order that classified two limited companies as related parties in a dispute over medicines manufactured for each other. The appeals were allowed, ruling that the companies were not related parties, as the manufacturing agreement was purely commercial. Consequently, the demands were deemed unsustainable, leading to the revocation of penalties imposed. The decision was based on the commercial nature of the agreement and aligned with legal precedent, resulting in consequential relief for the appellants. Case-Laws Central Excise Fri, 27 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53069