https://www.taxtmi.com/caselaws?id=74201 A review notice was treated as within limitation where it proceeded on allegations of false and misleading declarations leading to understatement of assessable value, so the six-month limitation objection failed. On valuation, the Tribunal found that 51 independent wholesale dealers, with no assigned territories, freedom to deal in other manufacturers' goods, outright cash sales, and no evidence of mutual business interest, were not "related persons"; the normal price therefore could not be displaced on that basis. The valuation challenge failed and the notice was quashed. en-us Tue, 26 May 1987 00:00:00 +0530 Tue, 07 Jun 2011 13:10:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74201 A review notice was treated as within limitation where it proceeded on allegations of false and misleading declarations leading to understatement of assessable value, so the six-month limitation objection failed. On valuation, the Tribunal found that 51 independent wholesale dealers, with no assigned territories, freedom to deal in other manufacturers' goods, outright cash sales, and no evidence of mutual business interest, were not "related persons"; the normal price therefore could not be displaced on that basis. The valuation challenge failed and the notice was quashed. Case-Laws Central Excise Tue, 26 May 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74201