https://www.taxtmi.com/caselaws?id=102969 Notional interest on customer advances is includible in assessable value only where the Department proves a nexus between the advance and a reduced price for the goods supplied. On the available material, that link was not established, and the assumption that advances ordinarily carry interest was held insufficient. The explanation that the advances were taken to secure orders for specially fabricated goods was accepted, so the notional interest was not includible in the assessable value and the inclusion order could not stand. en-us Mon, 24 Jan 2000 00:00:00 +0530 Fri, 17 Feb 2012 12:25:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102969 Notional interest on customer advances is includible in assessable value only where the Department proves a nexus between the advance and a reduced price for the goods supplied. On the available material, that link was not established, and the assumption that advances ordinarily carry interest was held insufficient. The explanation that the advances were taken to secure orders for specially fabricated goods was accepted, so the notional interest was not includible in the assessable value and the inclusion order could not stand. Case-Laws Central Excise Mon, 24 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102969