https://www.taxtmi.com/caselaws?id=171521 Buyer control over the seller's production, pricing, product design, research and development, supervision, and purchase of the entire output brought the parties within the concept of inter-connected undertakings and therefore related persons for excise valuation. On that basis, the declared sale price could not stand alone where it excluded identifiable additional consideration such as tools, dies, moulds, drawings, design work, research and development, and supervisory assistance supplied by the buyer. Because the value of those components had not been quantified on the existing record, the assessable value had to be re-determined under the valuation rules and the matter remanded for fresh adjudication. en-us Thu, 14 Nov 2013 00:00:00 +0530 Fri, 28 Aug 2015 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171521 Buyer control over the seller's production, pricing, product design, research and development, supervision, and purchase of the entire output brought the parties within the concept of inter-connected undertakings and therefore related persons for excise valuation. On that basis, the declared sale price could not stand alone where it excluded identifiable additional consideration such as tools, dies, moulds, drawings, design work, research and development, and supervisory assistance supplied by the buyer. Because the value of those components had not been quantified on the existing record, the assessable value had to be re-determined under the valuation rules and the matter remanded for fresh adjudication. Case-Laws Customs Thu, 14 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171521