https://www.taxtmi.com/caselaws?id=98329 Sales to alleged related persons could not be shifted to related-person valuation under Section 4 of the Central Excise Act, 1944 because mutuality of interest or flow back was not established, and the price charged to such buyers was not lower than that charged to independent buyers. The declared assessable value was therefore upheld. As the duty demand failed, the penalties on the manufacturer and connected persons also had no and were set aside. The order was set aside in entirety, with consequential relief granted on valuation and penalty issues. en-us Wed, 16 Aug 2000 00:00:00 +0530 Fri, 20 Jan 2012 11:46:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98329 Sales to alleged related persons could not be shifted to related-person valuation under Section 4 of the Central Excise Act, 1944 because mutuality of interest or flow back was not established, and the price charged to such buyers was not lower than that charged to independent buyers. The declared assessable value was therefore upheld. As the duty demand failed, the penalties on the manufacturer and connected persons also had no and were set aside. The order was set aside in entirety, with consequential relief granted on valuation and penalty issues. Case-Laws Central Excise Wed, 16 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98329