2008 (4) TMI 41

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....nufactures "electronic push button telephones". It sells about 75% of its product to Department of Telecommunications (for short "DOT") and Mahanagar Telephone Nigam Limited (for short "MTNL") and remaining about 25% of its product in the open market through Siemens Telecom Limited (for short 'STL'), respondent No. 3 herein, which is a joint venture company of BTL and STL having 49% and 51% sharin....

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....the demand. Assessee, being aggrieved, filed appeal before the Tribunal. On the first question, the Tribunal has accepted the appeal of the assessee and held that BTL and STL are not related persons and the price at which the product was sold to STL was at or about the same price at which it was sold to DOT and MTNL. On the second point regarding clandestine removal of the goods and sale without p....