https://www.taxtmi.com/caselaws?id=82863 Related person status under excise law requires proof of direct or indirect mutual interest in each other's business, and not merely bulk purchases, common branding, or interconnected undertaking concepts under MRTP law; on the facts stated, the buyer and assessee were not related persons. An approved price list also could not be reopened by a subordinate authority through a fresh notice or amended-price-list direction in the absence of express statutory power of review, because such action went to the basis of assessment itself. The impugned orders were unsustainable and the appeals were allowed. en-us Thu, 26 Dec 1985 00:00:00 +0530 Thu, 07 Jul 2011 17:46:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82863 Related person status under excise law requires proof of direct or indirect mutual interest in each other's business, and not merely bulk purchases, common branding, or interconnected undertaking concepts under MRTP law; on the facts stated, the buyer and assessee were not related persons. An approved price list also could not be reopened by a subordinate authority through a fresh notice or amended-price-list direction in the absence of express statutory power of review, because such action went to the basis of assessment itself. The impugned orders were unsustainable and the appeals were allowed. Case-Laws Central Excise Thu, 26 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82863