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2005 (3) TMI 130 - SC - Central ExciseValuation (Central Excise) - Related person - Held that:- The fact that two public limited companies have common Directors does not mean that the one company has an interest in the business of the other - both the assessee and BHPL are public limited companies - Therefore, ratio of Alembic Glass Industries Ltd. [2002 (4) TMI 75 - SUPREME COURT OF INDIA], would be fully applicable - a ground was sought to be raised that BHPL bears the entire advertisement cost of the product of the assessee. This was not a ground which was urged on behalf of the Revenue at any stage of the proceedings and we do not permit them to raise it now - Decided against Revenue.
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