https://www.taxtmi.com/caselaws?id=95160 The Tribunal ruled in favor of the appellant, finding no legal basis to include notional interest on finance in the assessable value for Central Excise Duty. It emphasized that financing terms from international aid agencies should not impact goods valuation. The Tribunal rejected the claim of undervaluation, citing commercial justifications for price variances between sales. As a result, the duty demand was set aside, penalties were dismissed, and the appeals were allowed, leading to the complete dismissal of the impugned order. en-us Tue, 12 Dec 2000 00:00:00 +0530 Thu, 08 Dec 2011 13:06:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95160 The Tribunal ruled in favor of the appellant, finding no legal basis to include notional interest on finance in the assessable value for Central Excise Duty. It emphasized that financing terms from international aid agencies should not impact goods valuation. The Tribunal rejected the claim of undervaluation, citing commercial justifications for price variances between sales. As a result, the duty demand was set aside, penalties were dismissed, and the appeals were allowed, leading to the complete dismissal of the impugned order. Case-Laws Central Excise Tue, 12 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95160