https://www.taxtmi.com/caselaws?id=216573 Common control between an assessee and buyer, coupled with non-transparent dealings, may show that transactions are not at arm's length. In that circumstance, the price charged to independent buyers may be adopted for clearances to the related buyer. However, where price lists and returns were filed and an earlier notice based on the same investigation was time-barred, the extended limitation period cannot be invoked without fresh proof of suppression or misstatement. The demand is consequently unsustainable beyond the normal limitation period, notwithstanding acceptance of the independent buyers' price. en-us Wed, 22 Jun 2011 00:00:00 +0530 Wed, 05 Sep 2012 17:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216573 Common control between an assessee and buyer, coupled with non-transparent dealings, may show that transactions are not at arm's length. In that circumstance, the price charged to independent buyers may be adopted for clearances to the related buyer. However, where price lists and returns were filed and an earlier notice based on the same investigation was time-barred, the extended limitation period cannot be invoked without fresh proof of suppression or misstatement. The demand is consequently unsustainable beyond the normal limitation period, notwithstanding acceptance of the independent buyers' price. Case-Laws Central Excise Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216573