IN THE CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL
SOUTH ZONAL BENCH, CHENNAI
E/573 to 576/2007
(Arising out of Order-in-Appeal Nos.45 to 48/2007 (M IV) dated 29.4.2007 passed by the Commissioner of Central Excise (Appeals), Chennai)
M/s. Arullagam Pharmaceuticals Pvt. Ltd.
M/s. Prizm Remedies Pvt. Ltd.
M/s. GM Lakshmi Ramalingam
M/s. NSM Agencies
CCE, Chennai - IV
Shri M. Karthikeyan, Advocate for the Appellant
Shri K.P. Muralidharan, AC (AR) for the Respondent
Honble Shri D.N. Panda, Judicial Member
Honble Shri Madhu Mohan Damodhar, Technical Member
Date of Hearing / Decision: 14.03.2017
FINAL ORDER Nos. 40503-40506 / 2017
Per D.N. Panda
Learned counsel says that by virtue of agreement dated 18.2.2005, the trade mark developed by M/s. Prizm Pharmaceuticals Pvt. Ltd. was assigned to the appellant with the covenant clause 6 thereof, reading as under:-
“The ASSIGNOR covenants and undertakes to do, execute such further and other acts, deeds and documents as may be necessary for transfer of ownership or for absolutely vesting the full rights, title, benefit, interest and property in and to the scheduled trademarks in favour of the ASSIGNEE”.
2. While investing absolute right in terms of the above covenant, the assignor also renounces its right, title and interest over the scheduled trademarked goods without impairing the right of the assignee appellant.
3. Law is well settled that if the contents of the document are not disputed by Revenue, the right, title and property vested with assignee remains unaffected. Therefore, the presumptive adjudication holding that the appellant was the manufacturer of goods using trade name of others is baseless.
4. For the reasons stated above, all the four appeals are allowed holding that the appellant by virtue of the deed of the assignment became owner of the brand name and had not manufactured goods using brand name of another with effect from 18.2.2005.
(Dictated and pronounced in open court)
(MADHU MOHAN DAMODHAR) (D.N. PANDA)
Technical Member Judicial Member