https://www.taxtmi.com/caselaws?id=397959 Mutuality of interest is required to treat a buyer as a related person under section 4(3)(b) of the Central Excise Act, 1944; common holding, related-party disclosure, interest-bearing loans and shared staff costs, without positive evidence of reciprocal business interest, are insufficient, so the declared transaction value cannot be rejected on that ground. Exemption under Notification No. 6/2006-CE for wind operated electricity generators extends to the integrated windmill assembly and its major components, including bearings used in generation equipment, where the notification is read with the statutory entry and departmental clarification. The demand, penalties and denial of exemption do not survive. en-us Tue, 25 Aug 2020 00:00:00 +0530 Thu, 03 Sep 2020 09:28:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397959 Mutuality of interest is required to treat a buyer as a related person under section 4(3)(b) of the Central Excise Act, 1944; common holding, related-party disclosure, interest-bearing loans and shared staff costs, without positive evidence of reciprocal business interest, are insufficient, so the declared transaction value cannot be rejected on that ground. Exemption under Notification No. 6/2006-CE for wind operated electricity generators extends to the integrated windmill assembly and its major components, including bearings used in generation equipment, where the notification is read with the statutory entry and departmental clarification. The demand, penalties and denial of exemption do not survive. Case-Laws Central Excise Tue, 25 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397959