2015 (10) TMI 430 - SCH - Central Excise

Concessional Levy of Tax - Manufacturing activity - Whether any manufacturing activity of Horlicks is undertaken in Tamil Nadu - Held that - not only a specific finding of fact is arrived at to the effect that M/s. Southern Drugs and Pharmaceuticals, with which the respondent entered into Memorandum of Understanding, is a separate manufacturing unit established of its own with its own finances, land, etc., even the dealings between the respondent and M/s. SDP were on arms length basis. On these findings, we are of the opinion that the order of the Tribunal does not call for any interference. - Decided against Revenue.

Summary

The Supreme Court upheld the Customs, Excise and Service Tax Appellate Tribunal's decision regarding M/s. Southern Drugs and Pharmaceuticals, stating that the dealings were on an arms' length basis. The appeals were dismissed.