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 in Central Excise Act: Bilag Industries Case (2023) LEGAL ISSUE: Interpretation of “related person” under Section 4(4)(c) of the Central Excise Act, 1944. CASE TYPE: Central Excise. Case Name: M/S BILAG INDUSTRIES P. LTD. & ANR. VERSUS COMMR. OF CEN. EXC. DAMAN & ANR. Judgment Date: 22 March 2023
Supreme Court Upholds Conservative Valuation for Captive Consumption: Commissioner of Central Excise vs. J.R. Organics Ltd. (2023) LEGAL ISSUE: Determination of the correct valuation method for excisable goods used for captive consumption. CASE TYPE: Central Excise Law Case Name: Commissioner of Central Excise, Allahabad vs. M/S J.R. Organics Ltd. Judgment Date: 01 March 2023 Date
