https://www.taxtmi.com/caselaws?id=107683 Notional interest on buyer advances is includible in assessable value only where the Revenue proves a real nexus between the advance and a depressed sale price; on the facts, no consistent price suppression was shown, so the interest was excluded. Die security collected for customised goods, being refundable and intended to secure performance, was not an additional element of price and was also excluded from assessable value. The commentary states that valuation demands and penalties could not be sustained on these grounds. The stated ratio is that an advance or security amount enters assessable value only when it operates as additional consideration or actually depresses the sale price. en-us Tue, 18 Feb 2003 00:00:00 +0530 Sat, 24 Mar 2012 12:54:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107683 Notional interest on buyer advances is includible in assessable value only where the Revenue proves a real nexus between the advance and a depressed sale price; on the facts, no consistent price suppression was shown, so the interest was excluded. Die security collected for customised goods, being refundable and intended to secure performance, was not an additional element of price and was also excluded from assessable value. The commentary states that valuation demands and penalties could not be sustained on these grounds. The stated ratio is that an advance or security amount enters assessable value only when it operates as additional consideration or actually depresses the sale price. Case-Laws Central Excise Tue, 18 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107683