1997 (2) TMI 291 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi dismissed the appeal by the Collector of Central Excise, Bombay against a respondent engaged in manufacturing Polyvinyl Acetate Dispersion. The dispute was regarding alleged bulk discount given to a sister concern, Pidilite Industries. The tribunal held that the sister concern cannot be considered a "related person" unless mutuality of interest is established, and even if so, the discount could not be disallowed as the net price to the sister concern was higher than prices charged by other manufacturers to independent buyers. The appeal was dismissed, and the cross objection was disposed of.