https://www.taxtmi.com/caselaws?id=54287 Non-compete and licence payments are not treated as additional sale consideration for excise valuation unless a direct nexus with the sale price is established. Common shareholding, common directors, or other business dealings by themselves do not make two companies related persons where the sales are at arm's length. The discussion also notes that repeated disclosure of the agreement, shareholding pattern, and commercial arrangements defeats an allegation of suppression, so the extended limitation period is not available and consequential penalty and interest cannot survive. en-us Fri, 24 Jun 2005 00:00:00 +0530 Tue, 19 Oct 2010 12:02:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54287 Non-compete and licence payments are not treated as additional sale consideration for excise valuation unless a direct nexus with the sale price is established. Common shareholding, common directors, or other business dealings by themselves do not make two companies related persons where the sales are at arm's length. The discussion also notes that repeated disclosure of the agreement, shareholding pattern, and commercial arrangements defeats an allegation of suppression, so the extended limitation period is not available and consequential penalty and interest cannot survive. Case-Laws Central Excise Fri, 24 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54287