https://www.taxtmi.com/caselaws?id=91915 Notional interest on customer advances is not includible in assessable value under Rule 5 unless the department proves that the advances constituted additional consideration and affected the price of the goods; here, no evidence showed any extra consideration beyond the declared price, so inclusion was unwarranted. The limitation plea also succeeded because the advances were disclosed in invoices and duty was assessed on those invoices, leaving no suppression or misstatement to justify extended limitation. The lower authority's order was set aside. en-us Mon, 19 Jul 1999 00:00:00 +0530 Fri, 21 Oct 2011 18:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91915 Notional interest on customer advances is not includible in assessable value under Rule 5 unless the department proves that the advances constituted additional consideration and affected the price of the goods; here, no evidence showed any extra consideration beyond the declared price, so inclusion was unwarranted. The limitation plea also succeeded because the advances were disclosed in invoices and duty was assessed on those invoices, leaving no suppression or misstatement to justify extended limitation. The lower authority's order was set aside. Case-Laws Central Excise Mon, 19 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91915