https://www.taxtmi.com/caselaws?id=89885 Interest attributable to customer advances was not includible in assessable value for excise duty because the department failed to show that the advances depressed the sale price. The notices alleged receipt of advances, but the record showed they were taken only in some transactions, for varying percentages and limited periods, with no evidence of any trade practice, competitor comparison, or nexus between the advances and a lower wholesale price. The demand for differential duty therefore could not be sustained. en-us Mon, 05 Oct 1998 00:00:00 +0530 Fri, 30 Sep 2011 12:45:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89885 Interest attributable to customer advances was not includible in assessable value for excise duty because the department failed to show that the advances depressed the sale price. The notices alleged receipt of advances, but the record showed they were taken only in some transactions, for varying percentages and limited periods, with no evidence of any trade practice, competitor comparison, or nexus between the advances and a lower wholesale price. The demand for differential duty therefore could not be sustained. Case-Laws Central Excise Mon, 05 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89885