https://www.taxtmi.com/caselaws?id=88066 Notional interest arising from interest-free advances taken from buyers was treated as part of the assessable value because the advances secured the buyers' commitments and were linked to the sale transaction. The declared contracted price did not exclude the extra commercial advantage obtained by the manufacturer where the price was not the sole consideration passing directly or indirectly from the buyer. On that reasoning, the monetary benefit from the interest-free advances was includible in valuation, and additional consideration of that kind forms part of assessable value when it accompanies the sale. en-us Fri, 05 Dec 1997 00:00:00 +0530 Wed, 14 Sep 2011 17:52:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88066 Notional interest arising from interest-free advances taken from buyers was treated as part of the assessable value because the advances secured the buyers' commitments and were linked to the sale transaction. The declared contracted price did not exclude the extra commercial advantage obtained by the manufacturer where the price was not the sole consideration passing directly or indirectly from the buyer. On that reasoning, the monetary benefit from the interest-free advances was includible in valuation, and additional consideration of that kind forms part of assessable value when it accompanies the sale. Case-Laws Central Excise Fri, 05 Dec 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88066