https://www.taxtmi.com/caselaws?id=86964 The Appellate Tribunal CEGAT, New Delhi, ruled that notional interest on deposits should not be included in the assessable value of goods manufactured and cleared by the assessees. The Tribunal emphasized the need for concrete evidence to establish a direct influence of advance deposits on the value of excisable goods. Aligning with previous decisions and Supreme Court rulings, the Tribunal held that the burden of proof rests on the department to demonstrate any impact on pricing. Without sufficient evidence linking advance deposits to pricing, notional interest should not be considered in determining the assessable value of goods. The appeal was allowed in favor of the appellant. en-us Fri, 09 May 1997 00:00:00 +0530 Mon, 29 Aug 2011 16:10:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86964 The Appellate Tribunal CEGAT, New Delhi, ruled that notional interest on deposits should not be included in the assessable value of goods manufactured and cleared by the assessees. The Tribunal emphasized the need for concrete evidence to establish a direct influence of advance deposits on the value of excisable goods. Aligning with previous decisions and Supreme Court rulings, the Tribunal held that the burden of proof rests on the department to demonstrate any impact on pricing. Without sufficient evidence linking advance deposits to pricing, notional interest should not be considered in determining the assessable value of goods. The appeal was allowed in favor of the appellant. Case-Laws Central Excise Fri, 09 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86964