https://www.taxtmi.com/caselaws?id=106698 The Appellate Tribunal upheld the decisions of the lower authorities, ruling that advances received by manufacturers of fabricated steel structurals for constructing electricity distribution towers were not to be considered as additional consideration affecting the sale price. The Tribunal emphasized that the sale prices were not impacted by the advances and criticized the revenue authorities for engaging in unnecessary and vexatious proceedings. The appeal by the Revenue was dismissed, affirming that notional interest on advances did not affect the assessable value of the goods sold. en-us Wed, 28 Aug 2002 00:00:00 +0530 Thu, 15 Mar 2012 12:54:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106698 The Appellate Tribunal upheld the decisions of the lower authorities, ruling that advances received by manufacturers of fabricated steel structurals for constructing electricity distribution towers were not to be considered as additional consideration affecting the sale price. The Tribunal emphasized that the sale prices were not impacted by the advances and criticized the revenue authorities for engaging in unnecessary and vexatious proceedings. The appeal by the Revenue was dismissed, affirming that notional interest on advances did not affect the assessable value of the goods sold. Case-Laws Central Excise Wed, 28 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106698