https://www.taxtmi.com/caselaws?id=485 Related-person valuation under central excise requires proof of mutuality of interest affecting the sale price. A mutually beneficial commercial arrangement arising from technology transfer and common marketing, without shareholding link, financial flow back, or other evidence that one party controlled the other's business, was insufficient to treat the buyer as a related person. As the goods were also sold to independent buyers at the same price, the actual independent sale price had to be accepted for assessable value. The differential duty demand and penalties were therefore unsustainable. en-us Fri, 30 Dec 2005 00:00:00 +0530 Sun, 13 Apr 2008 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=485 Related-person valuation under central excise requires proof of mutuality of interest affecting the sale price. A mutually beneficial commercial arrangement arising from technology transfer and common marketing, without shareholding link, financial flow back, or other evidence that one party controlled the other's business, was insufficient to treat the buyer as a related person. As the goods were also sold to independent buyers at the same price, the actual independent sale price had to be accepted for assessable value. The differential duty demand and penalties were therefore unsustainable. Case-Laws Central Excise Fri, 30 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=485