https://www.taxtmi.com/caselaws?id=167641 Common partners and exclusive sales to the purchasing concern established that the two firms were related persons with mutual direct and indirect pecuniary interest in each other's business. Because that relationship meant the sale price to the buyer was not the proper assessable value, valuation was correctly based on the price realised by the buyer on resale. The assessment order was upheld and the appeal was rejected. en-us Mon, 29 Aug 1977 00:00:00 +0530 Sat, 27 Dec 2014 13:22:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167641 Common partners and exclusive sales to the purchasing concern established that the two firms were related persons with mutual direct and indirect pecuniary interest in each other's business. Because that relationship meant the sale price to the buyer was not the proper assessable value, valuation was correctly based on the price realised by the buyer on resale. The assessment order was upheld and the appeal was rejected. Case-Laws Central Excise Mon, 29 Aug 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167641