https://www.taxtmi.com/caselaws?id=41515 Under Section 4 of the Central Excises and Salt Act, 1944, a buyer is a related person only where there is direct or indirect mutual interest in each other's business. The court found that the distributorship agreements had expired, the sales were on a principal-to-principal basis, price was the sole consideration, and the assessee had no control over resale or onward marketing. Mere continued sales through limited distributors did not create related-person status. The buyers were therefore not related persons, and valuation could be based on the sale price to them with filing in Part I. en-us Tue, 04 Sep 1984 00:00:00 +0530 Fri, 04 Jun 2010 10:14:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41515 Under Section 4 of the Central Excises and Salt Act, 1944, a buyer is a related person only where there is direct or indirect mutual interest in each other's business. The court found that the distributorship agreements had expired, the sales were on a principal-to-principal basis, price was the sole consideration, and the assessee had no control over resale or onward marketing. Mere continued sales through limited distributors did not create related-person status. The buyers were therefore not related persons, and valuation could be based on the sale price to them with filing in Part I. Case-Laws Central Excise Tue, 04 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41515