https://www.taxtmi.com/caselaws?id=81969 Mere familial links between persons connected with a company and a partnership firm do not, by themselves, make the buyer a related person or favoured buyer; proof of a specially low price is required, and identical pricing to another buyer defeated that allegation. On valuation, under the pre-1975 regime, trade discount was deductible in computing assessable value, and where multiple discount rates were involved, only the legally permissible abatement could be applied. The discount claim was therefore accepted to the extent recognised by law, and refund relief followed. en-us Thu, 28 Sep 1989 00:00:00 +0530 Fri, 01 Jul 2011 11:24:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81969 Mere familial links between persons connected with a company and a partnership firm do not, by themselves, make the buyer a related person or favoured buyer; proof of a specially low price is required, and identical pricing to another buyer defeated that allegation. On valuation, under the pre-1975 regime, trade discount was deductible in computing assessable value, and where multiple discount rates were involved, only the legally permissible abatement could be applied. The discount claim was therefore accepted to the extent recognised by law, and refund relief followed. Case-Laws Central Excise Thu, 28 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81969