https://www.taxtmi.com/caselaws?id=82475 Interest charged under a deferred payment arrangement, when separately shown in the invoice and supported by the indent and contemporaneous clarification, was treated as financing cost rather than part of the goods' price. The separate stipulation for the usance-period interest showed that the additional amount did not form part of the assessable value of the imported goods. On that basis, the interest for delayed payment was excluded from valuation, and consequential relief followed. en-us Wed, 25 Nov 1992 00:00:00 +0530 Tue, 05 Jul 2011 13:20:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82475 Interest charged under a deferred payment arrangement, when separately shown in the invoice and supported by the indent and contemporaneous clarification, was treated as financing cost rather than part of the goods' price. The separate stipulation for the usance-period interest showed that the additional amount did not form part of the assessable value of the imported goods. On that basis, the interest for delayed payment was excluded from valuation, and consequential relief followed. Case-Laws Customs Wed, 25 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82475