https://www.taxtmi.com/caselaws?id=266876 Family-linked purchasing concerns were treated as related persons because the evidence showed mutuality of interest and direct or indirect business interest within section 4(4)(c) of the Central Excise Act. The goods were sold to those connected entities at depressed prices compared with sales to outsiders, and the downstream routing of goods at higher prices supported a finding of price manipulation and suppression of the true assessable value. On that basis, undervaluation was established and the duty demand and penalties were sustained by restoring the Commissioner's order. en-us Thu, 13 Aug 2015 00:00:00 +0530 Mon, 04 Jan 2016 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266876 Family-linked purchasing concerns were treated as related persons because the evidence showed mutuality of interest and direct or indirect business interest within section 4(4)(c) of the Central Excise Act. The goods were sold to those connected entities at depressed prices compared with sales to outsiders, and the downstream routing of goods at higher prices supported a finding of price manipulation and suppression of the true assessable value. On that basis, undervaluation was established and the duty demand and penalties were sustained by restoring the Commissioner's order. Case-Laws Central Excise Thu, 13 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266876