Supreme Court · 2002 INSC 568 · Decided 20 December 2002
Flash Laboratories LTD. v. Collector of Central Excise, New DELHI.
- Court
- Supreme Court of India
- Citation
- 2002 INSC 568 · [2002] SUPP. 5 S.C.R. 698
- Case number
- CIVIL APPEAL No. 5619/1994
- Decided
- 20 December 2002
- Bench
- M.B. SHAH, K.G. BALAKRISHNAN, D.M. DHARMADHIKARI (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Central Excise Act Section 4
Headnote
Central Excise Act, 1944; Sections 4(/)(a) & 4.(4)(c): Valuation of excisable goods-Exception to general concept of sale­ Applicability of-Held, since appellant-company is selling goods at lowl!r price to its holding company and ano~her subsidiary company, there exists a business of sale of product-They pre related persons-Section 4( 4)(c) attracted-Tribunal D rightly confirmed demand of differential amount of duty-Central Excise Tariff Act, 1985-Chapter heading 3306. Appellant company-assessee was selling certain goods to its holding company and another subsidiary
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)