https://www.taxtmi.com/caselaws?id=90109 A mere buyer-seller arrangement does not, by itself, establish the mutual interest in each other's business required for a related-person relationship under Section 4 of the Central Excise Act, 1944. Even where the entire production is sold to the buyer and goods are manufactured to the buyer's specification, the buyer's resale price cannot be adopted as the assessable value unless the statutory test of relatedness is satisfied. On the facts stated, adoption of the buyer's resale price was not sustainable and the assessee succeeded. en-us Thu, 28 May 1998 00:00:00 +0530 Mon, 03 Oct 2011 14:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90109 A mere buyer-seller arrangement does not, by itself, establish the mutual interest in each other's business required for a related-person relationship under Section 4 of the Central Excise Act, 1944. Even where the entire production is sold to the buyer and goods are manufactured to the buyer's specification, the buyer's resale price cannot be adopted as the assessable value unless the statutory test of relatedness is satisfied. On the facts stated, adoption of the buyer's resale price was not sustainable and the assessee succeeded. Case-Laws Central Excise Thu, 28 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90109