https://www.taxtmi.com/caselaws?id=110888 The Appellate Tribunal CESTAT, Bangalore, rejected the Revenue's appeal regarding the valuation of goods and the determination of 'related person' status under the Central Excise Act, 1944. The Tribunal held that post-1-4-1991, there was no direct or indirect interest between the manufacturing company and the selling partnership concern, thus denying the existence of a 'related person' relationship as required by the Act. The decision emphasizes the importance of concrete evidence and a clear nexus between entities in establishing such relationships for tax purposes. en-us Fri, 06 Feb 2004 00:00:00 +0530 Thu, 19 Apr 2012 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110888 The Appellate Tribunal CESTAT, Bangalore, rejected the Revenue's appeal regarding the valuation of goods and the determination of 'related person' status under the Central Excise Act, 1944. The Tribunal held that post-1-4-1991, there was no direct or indirect interest between the manufacturing company and the selling partnership concern, thus denying the existence of a 'related person' relationship as required by the Act. The decision emphasizes the importance of concrete evidence and a clear nexus between entities in establishing such relationships for tax purposes. Case-Laws Central Excise Fri, 06 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110888