Supreme Court of India

Union of India & Ors. v. Playworld Electronics Pvt. Ltd. & Anr.

Neutral citation
Reported as [1989] 2 S.C.R. 1023
Bench Sabyasachi Mukharji and S. Ranganathan JJ.
Decided 2 May 1989

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

From the headnote

Central Excises and Salt Act, 1944: Sections 4(1)(a), 4(4)(c)/ Central Excise Rules, 1944: Rule 9B. Assessee-Manufacturing wireless receiving sets, tape recorders, tape players under brand name 'Bush'-Sel/ing products exclusively to the Company (Bush India Ltd.) and its authorised wholesale dealers­ price charged-Whether represents correct assessable value for excise duty. · • Company Law-Tax evasion or perpetration of a fraud-Duty of Court to lift corporate veil. Taxation-Tax planning within the framework of law is legiti­ -l. _ mate-Colourable devices cannot be part of tax planning. Words

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Where later benches applied it

Of those, 1 relied on · 1 mentioned

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