Supreme Court Clarifies “Related Person” Definition under Central Excise Act: Bilag Industries vs. Commissioner of Central Excise (22 March 2023)

/ Central Excise Act, 1944, Central Excise Act, 1944 with Section 4, Corporate Law, Dipankar Datta, Joint Venture, Judges, Related Person, S. Ravindra Bhat, Subsidiary Company, Valuation of Excisable Goods

Supreme Court Clarifies “Related Person” Definition under Central Excise Act: Bilag Industries vs. Commissioner of Central Excise (2023) LEGAL ISSUE: Whether the price at which a company sells its products to a buyer should be treated as a transaction with a “related person” under Section 4(4)(c) of the Central Excise Act, 1944. CASE TYPE: Central […]

Supreme Court Clarifies “Related Person” Definition under Central Excise Act: Bilag Industries vs. Commissioner of Central Excise (22 March 2023) Read Post »