https://www.taxtmi.com/caselaws?id=93914 Notional interest on advances received from a purchaser is not includible in the assessable value of goods merely because the advances remained with the seller for some time. Inclusion requires a finding that the advances depressed the price of the final product. On the stated facts, no such finding was recorded, and the attempt to distinguish the case by the period for which the advances were retained was held irrelevant, particularly for tailor-made goods. The addition was therefore set aside. en-us Thu, 06 Jul 2000 00:00:00 +0530 Thu, 17 Nov 2011 17:29:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93914 Notional interest on advances received from a purchaser is not includible in the assessable value of goods merely because the advances remained with the seller for some time. Inclusion requires a finding that the advances depressed the price of the final product. On the stated facts, no such finding was recorded, and the attempt to distinguish the case by the period for which the advances were retained was held irrelevant, particularly for tailor-made goods. The addition was therefore set aside. Case-Laws Central Excise Thu, 06 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93914