https://www.taxtmi.com/caselaws?id=105318 Notional interest on advances received from customers was not includible in the assessable value of the final product where the Revenue failed to prove that the advances depressed or reduced the assessable value. Advances taken as a trade practice, without evidence that they caused depreciation in price or valuation, did not justify adding notional interest to the assessable value. The demand was therefore unsustainable. en-us Tue, 25 Sep 2001 00:00:00 +0530 Mon, 05 Mar 2012 12:27:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105318 Notional interest on advances received from customers was not includible in the assessable value of the final product where the Revenue failed to prove that the advances depressed or reduced the assessable value. Advances taken as a trade practice, without evidence that they caused depreciation in price or valuation, did not justify adding notional interest to the assessable value. The demand was therefore unsustainable. Case-Laws Central Excise Tue, 25 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105318