Shareholding Alone Doesn't Establish Related Persons Under Central Excise; Same Pricing to All Buyers Maintains Value.

Shareholding Alone Doesn't Establish Related Persons Under Central Excise; Same Pricing to All Buyers Maintains Value. https://www.taxtmi.com/highlights?id=25459 Valuation - Related person - mutuality of interest - merely having shareholding does not make them related persons. - loans has been repaid by M/s. SIPL in future. - If at all, we presume that there is a mutuality of interest in that case also when the goods are sold by M/s. SIPL to M/s. CF on the price at which the goods have been sold to independent buyers, in that case the sale price by M/s. CF cannot be held as assessable value for M/s. SIPL - AT en-us Wed, 21 Oct 2015 16:35:41 +0530 Wed, 21 Oct 2015 16:35:41 +0530 TaxTMI RSS Generator Shareholding Alone Doesn't Establish Related Persons Under Central Excise; Same Pricing to All Buyers Maintains Value. https://www.taxtmi.com/highlights?id=25459 Valuation - Related person - mutuality of interest - merely having shareholding does not make them related persons. - loans has been repaid by M/s. SIPL in future. - If at all, we presume that there is a mutuality of interest in that case also when the goods are sold by M/s. SIPL to M/s. CF on the price at which the goods have been sold to independent buyers, in that case the sale price by M/s. CF cannot be held as assessable value for M/s. SIPL - AT Highlights Central Excise Wed, 21 Oct 2015 16:35:41 +0530 https://www.taxtmi.com/highlights?id=25459