https://www.taxtmi.com/caselaws?id=93000 The appeal was allowed on both merits and the ground of limitation, providing relief to the appellants. The Tribunal held that the recovery of duty on advances for custom-made machinery was not sustainable due to the custom-made nature of the goods. It was established that notional interest should not be included in the assessable value without evidence of price depression. The advances were considered security deposits against buyer default, and the department's knowledge of the advances through monthly returns barred the demand by limitation. The nexus between advances and price construction was crucial, as highlighted in previous judgments supporting the appellants' arguments. en-us Tue, 03 Aug 1999 00:00:00 +0530 Mon, 07 Nov 2011 16:17:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93000 The appeal was allowed on both merits and the ground of limitation, providing relief to the appellants. The Tribunal held that the recovery of duty on advances for custom-made machinery was not sustainable due to the custom-made nature of the goods. It was established that notional interest should not be included in the assessable value without evidence of price depression. The advances were considered security deposits against buyer default, and the department's knowledge of the advances through monthly returns barred the demand by limitation. The nexus between advances and price construction was crucial, as highlighted in previous judgments supporting the appellants' arguments. Case-Laws Central Excise Tue, 03 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93000