https://www.taxtmi.com/caselaws?id=90847 Common directorship alone is insufficient to treat two corporate entities as related persons for excise valuation unless the record also shows controlling interest or mutuality of interest. On the facts, the notices did not establish that either entity controlled the affairs of the other, so valuation on the buyer's selling price was not justified and the extended period could not be supported on suppression grounds. Advertising expenditure incurred by the buyer companies on the washing machines was also held not includible in the manufacturer's assessable value, as those charges were not shown to form part of the goods' price. en-us Thu, 28 Jan 1999 00:00:00 +0530 Tue, 11 Oct 2011 18:48:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90847 Common directorship alone is insufficient to treat two corporate entities as related persons for excise valuation unless the record also shows controlling interest or mutuality of interest. On the facts, the notices did not establish that either entity controlled the affairs of the other, so valuation on the buyer's selling price was not justified and the extended period could not be supported on suppression grounds. Advertising expenditure incurred by the buyer companies on the washing machines was also held not includible in the manufacturer's assessable value, as those charges were not shown to form part of the goods' price. Case-Laws Central Excise Thu, 28 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90847