FLASH LABORATORIES LTD. versus COLLECTOR OF CENTRAL EXCISE, NEW DELHI.

FLASH LABORATORIES LTD. versus COLLECTOR OF CENTRAL EXCISE, NEW DELHI.

The appellant, holding company, and subsidiary company are 'related persons' owing to their mutuality of business interest, sales arrangement, and holding company's involvement in sales promotion, attracting Section 4(4)(c) for excise duty valuation; Tribunal's finding confirmed.

Parties
Appellant: Flash Laboratories Ltd.; Respondent: Collector of Central Excise, New Delhi
Jurisdiction
India
Judgment Date
20 December 2002
Procedural Posture
Civil Appeal / Final Judgment
Outcome
Appeals dismissed
Legal Topics
Central Excise, Valuation of Excisable Goods, Related Person Definition
Taxation Law Central Excise Valuation of Excisable Goods Related Person Definition

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Legal principles 3 Authorities cited 4 Party arguments 2 Amounts and remedies 2
Sign in to unlock

Parties

Flash Laboratories Ltd.

Appellant

Collector of Central Excise, New Delhi

Respondent

Procedural Posture

Civil Appeal / Final Judgment

Legal Issues

  1. 1 Whether the appellant and its holding/subsidiary companies are 'related persons' under Section 4(4)(c) of the Central Excise Act, 1944 for purposes of excise duty valuation

Ratio Decidendi

The appellant, holding company, and subsidiary company are 'related persons' owing to their mutuality of business interest, sales arrangement, and holding company's involvement in sales promotion, attracting Section 4(4)(c) for excise duty valuation; Tribunal's finding confirmed.

Court Disposition

Appeals dismissed

Orders

  • No order as to costs