https://www.taxtmi.com/caselaws?id=101832 Notional interest on advances received from buyers was held not includible in assessable value because the department had not shown that the deposits were additional consideration or that they depressed the assessable value. The order required a specific nexus between the buyer advances and the valuation of goods before any notional interest could be added, and it relied on later judicial guidance and the Board's circular to reject the demand. en-us Thu, 23 Aug 2001 00:00:00 +0530 Sat, 11 Feb 2012 12:43:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101832 Notional interest on advances received from buyers was held not includible in assessable value because the department had not shown that the deposits were additional consideration or that they depressed the assessable value. The order required a specific nexus between the buyer advances and the valuation of goods before any notional interest could be added, and it relied on later judicial guidance and the Board's circular to reject the demand. Case-Laws Central Excise Thu, 23 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101832