2011 (4) TMI 156

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....for the Department   Per Dr. Chittaranjan Satapathy   Heard both sides.   2. Major part of the demand is on account of enhancement of value of the impugned goods holding the appellants and the buyer to be related parties and taking into account the decision of the jurisdictional Commissioner, Bangalore, the buyer has supplied the raw material to the appellants at a lower pr....

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....alleged undervaluation of the impugned goods cannot be sustained.   4. As regards the second part of the demand relating to non-payment of full duty on branded goods for the period from May 1999 to March 2000, Shri K.S. Venkatagiri, learned counsel appearing for the appellants does not press the appeal. As such, we hold that the duty demand and consequent demand of interest and equal penal....