2005 (7) TMI 557

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... Patel, Advocate, for the Respondent. [Order per : S.S. Sekhon, Member (T)]. -  Revenue by this appeal wants the upholding of the proposition of Related Person sale in this case and thereafter upholding the demands based on MRP declared as the assessee had failed to present the normal price of M/s. TDPL and had only produced tabulations of assessable values claiming discounts towards S....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....4. 2.1 After hearing both sides and considering the issues it is found - (a)     One sides interest, by having 34% shares in M/s. TDPL, will not constitute the coverage under the definition of 'Related Person' under Section 4 of the Central Excise Act qua companies. The interest has to be in the business of each other as per the law and settled catena of decision. ....