https://www.taxtmi.com/caselaws?id=92208 Notional interest on advances received from customers is includible in the assessable value of manufactured goods only where the Revenue proves a nexus between the advance and the sale price and shows that the advance actually depressed the price. In the absence of material demonstrating the extent of benefit derived by the assessee or any price reduction attributable to the advance, the demand for inclusion cannot be sustained. The stated principle is that customer advances affect valuation only when they have a demonstrable impact on pricing, not by assumption. en-us Thu, 26 Aug 1999 00:00:00 +0530 Tue, 25 Oct 2011 16:34:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92208 Notional interest on advances received from customers is includible in the assessable value of manufactured goods only where the Revenue proves a nexus between the advance and the sale price and shows that the advance actually depressed the price. In the absence of material demonstrating the extent of benefit derived by the assessee or any price reduction attributable to the advance, the demand for inclusion cannot be sustained. The stated principle is that customer advances affect valuation only when they have a demonstrable impact on pricing, not by assumption. Case-Laws Central Excise Thu, 26 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92208