https://www.taxtmi.com/caselaws?id=105766 Interest calculated at the prevailing bank rate on buyers' deposits is not includible in assessable value where those deposits are already reflected in the value adopted by the assessee. The text also explains that an amount described as discount is deductible only if it is a true reduction from the sale price; where the material shows it functions as a distributor margin under the distributorship terms, no further deduction is available. The operative point is that assessable value is determined by the real commercial structure of the transaction, not by notional additions or labels that do not reflect the actual price mechanism. en-us Wed, 16 Oct 2002 00:00:00 +0530 Wed, 07 Mar 2012 14:56:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105766 Interest calculated at the prevailing bank rate on buyers' deposits is not includible in assessable value where those deposits are already reflected in the value adopted by the assessee. The text also explains that an amount described as discount is deductible only if it is a true reduction from the sale price; where the material shows it functions as a distributor margin under the distributorship terms, no further deduction is available. The operative point is that assessable value is determined by the real commercial structure of the transaction, not by notional additions or labels that do not reflect the actual price mechanism. Case-Laws Central Excise Wed, 16 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105766