https://www.taxtmi.com/caselaws?id=115526 The Revenue's appeal challenging the assessment value determination for manufacturing Medicaments under technical collaboration with M/s. Lyka Labs was dismissed. The Commissioner emphasized the need for the Revenue to establish the relationship and mutual interest between the parties under the Central Excise Act, specifically citing Section 4(1)(a)(iii) and requiring corroborative evidence to prove any extra commercial consideration. As the Revenue failed to provide material evidence supporting their claim, the appeal was dismissed, upholding the lower authorities' decision in favor of the assessee. en-us Tue, 05 Apr 2005 00:00:00 +0530 Wed, 30 May 2012 17:07:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115526 The Revenue's appeal challenging the assessment value determination for manufacturing Medicaments under technical collaboration with M/s. Lyka Labs was dismissed. The Commissioner emphasized the need for the Revenue to establish the relationship and mutual interest between the parties under the Central Excise Act, specifically citing Section 4(1)(a)(iii) and requiring corroborative evidence to prove any extra commercial consideration. As the Revenue failed to provide material evidence supporting their claim, the appeal was dismissed, upholding the lower authorities' decision in favor of the assessee. Case-Laws Central Excise Tue, 05 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115526