1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
TaxTMI Login
🚀 New: Section-Wise Filter ✕
Just a moment...
1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
of 
Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
of Press 'Enter' after typing page number.
of Press 'Enter' after typing page number.
All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of Press 'Enter' after typing page number.
<h1>Appellate Tribunal rules interest on advances not part of assessable value for machine tools</h1> The Appellate Tribunal CEGAT, Mumbai allowed the appeal, ruling that interest notionally considered to have accrued on advances taken by the appellant ... Valuation The Appellate Tribunal CEGAT, Mumbai heard an appeal regarding the includability of interest notionally considered to have accrued on advances taken by the appellant in the assessable value of machine tools. The Tribunal decided to take up the appeal for disposal based on relevant Supreme Court decisions and Tribunal precedents. The Tribunal found that the interest on advances did not form part of the price and allowed the appeal, setting aside the order. The decision was in line with previous rulings like VST Industries Ltd. v. Collector of Central Excise and Metal Box India Ltd. v. Collector of Central Excise.
TaxTMI 
TaxTMI 
