https://www.taxtmi.com/caselaws?id=329306 For excise valuation, familial links between the buyer-firm's partners and the assessee-company's directors, shared premises, use of the assessee's name or logo, and outstanding dues were insufficient to treat the parties as interconnected undertakings or related persons. In the absence of proof of flow back or extra-commercial consideration, the transaction value with uniform trade discount remained acceptable. On limitation, where the sales pattern had been disclosed in the prescribed manner and no deliberate suppression or intent to evade duty was shown, the extended period could not be invoked. The demand for the period before 15.09.2003 was therefore time-barred. en-us Mon, 16 May 2016 00:00:00 +0530 Tue, 14 Feb 2017 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329306 For excise valuation, familial links between the buyer-firm's partners and the assessee-company's directors, shared premises, use of the assessee's name or logo, and outstanding dues were insufficient to treat the parties as interconnected undertakings or related persons. In the absence of proof of flow back or extra-commercial consideration, the transaction value with uniform trade discount remained acceptable. On limitation, where the sales pattern had been disclosed in the prescribed manner and no deliberate suppression or intent to evade duty was shown, the extended period could not be invoked. The demand for the period before 15.09.2003 was therefore time-barred. Case-Laws Central Excise Mon, 16 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329306