https://www.taxtmi.com/caselaws?id=73427 Related person status under central excise valuation requires mutuality of business interest, and mere shareholding, control, deposits, or director nomination is insufficient; Crompton was therefore not a related person for the earlier period. Salaries of the Chief Executive and Works Manager, being part of manufacturing cost borne separately by the customer, were includible in assessable value. Provisional assessment operates for all purposes, so the six-month refund bar did not apply to the earlier period. Equalised octroi was deductible in principle for the later period, subject to verification of the amounts. en-us Thu, 26 Nov 1987 00:00:00 +0530 Tue, 31 May 2011 18:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73427 Related person status under central excise valuation requires mutuality of business interest, and mere shareholding, control, deposits, or director nomination is insufficient; Crompton was therefore not a related person for the earlier period. Salaries of the Chief Executive and Works Manager, being part of manufacturing cost borne separately by the customer, were includible in assessable value. Provisional assessment operates for all purposes, so the six-month refund bar did not apply to the earlier period. Equalised octroi was deductible in principle for the later period, subject to verification of the amounts. Case-Laws Central Excise Thu, 26 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73427