https://www.taxtmi.com/caselaws?id=98408 Exclusive sale of the manufacturer's entire production to one buyer, coupled with interest-free advances, payment of manufacturing and office expenses, and effective control over production and marketing, established mutuality of interest and financial flow back. Common management features such as a shared director and office premises were noted but were not the decisive basis. The transactions were therefore not treated as true principal-to-principal dealings, and the lower price charged to the buyer was not accepted as a normal commercial arrangement. The buyer was held to be a related person for central excise valuation, and the Department's valuation approach was upheld. en-us Thu, 23 Nov 2000 00:00:00 +0530 Fri, 20 Jan 2012 14:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98408 Exclusive sale of the manufacturer's entire production to one buyer, coupled with interest-free advances, payment of manufacturing and office expenses, and effective control over production and marketing, established mutuality of interest and financial flow back. Common management features such as a shared director and office premises were noted but were not the decisive basis. The transactions were therefore not treated as true principal-to-principal dealings, and the lower price charged to the buyer was not accepted as a normal commercial arrangement. The buyer was held to be a related person for central excise valuation, and the Department's valuation approach was upheld. Case-Laws Central Excise Thu, 23 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98408