FLASH LABORATORIES vs COLLECTOR OF CENTRAL EXCISE

The Supreme Court addressed the issue of 'related persons' under Section 4(4)(c) of the Central Excise Act, 1985, affirming that the appellant, Flash Laboratories Limited, was indeed a related person to Parle Products Limited and Parle Biscuits Limited. The Court held that the pricing structure adopted by the appellant for sales to related parties was not compliant with the statutory requirements, leading to the confirmation of differential duty demands. The appeals filed by the appellant were dismissed, upholding the decisions of the lower authorities.