2008 (7) TMI 1084

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....sold by Cosepal Fiscal Industries Limited, respondent No. 1 herein to Standard Batteries Limited, respondent No. 2 herein is the normal price or that it has been sold at a price lower than the market price being a related person within the meaning of Section 4(1)(a) read with Section 4(4)(c) of the Central Excise and Salt Act, 1944 (for short 'the Act')." Respondent No. 1 is engaged in the manufa....

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....the three Directors was also imposed. Being aggrieved, assessee filed appeals before the Customs, Excise & Gold (Control) Appellate Tribunal, West Zonal Bench at Mumbai (for short 'the Tribunal'). The Tribunal, by the impugned order, has set aside the order-in-original and dropped the proceedings placing reliance on a judgment of this Court in the case of Union of India v. Atic Industries Pvt. Lt....