https://www.taxtmi.com/caselaws?id=94274 Deduction from assessable value was allowed for interest on book debts and interest on finished goods at depot, the claim being treated as covered by the Supreme Court ruling in MRF Ltd., which recognised such interest charges as deductible. Deduction for special secondary packing was disallowed because the packing was found to be only protective packing used to prevent damage and facilitate delivery, with no distinct special character shown apart from normal packing; its cost was therefore treated as part of the cost of manufacture and not a separate deductible item. The appeal succeeded only to that limited extent. en-us Fri, 10 Dec 1999 00:00:00 +0530 Mon, 21 Nov 2011 12:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94274 Deduction from assessable value was allowed for interest on book debts and interest on finished goods at depot, the claim being treated as covered by the Supreme Court ruling in MRF Ltd., which recognised such interest charges as deductible. Deduction for special secondary packing was disallowed because the packing was found to be only protective packing used to prevent damage and facilitate delivery, with no distinct special character shown apart from normal packing; its cost was therefore treated as part of the cost of manufacture and not a separate deductible item. The appeal succeeded only to that limited extent. Case-Laws Central Excise Fri, 10 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94274