https://www.taxtmi.com/caselaws?id=108677 The Tribunal held that notional interest on advances should not be included in the assessable value for excise duty calculation. Relying on legal precedents, including a Supreme Court ruling, the Tribunal rejected the Revenue's appeals and upheld the orders in favor of the respondents. The decision emphasized that if a uniform price is charged regardless of credit or cash sales, and interest-free deposits do not impact the selling price, then notional interest should not be added to the assessable value. en-us Thu, 28 Feb 2002 00:00:00 +0530 Tue, 03 Apr 2012 12:59:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108677 The Tribunal held that notional interest on advances should not be included in the assessable value for excise duty calculation. Relying on legal precedents, including a Supreme Court ruling, the Tribunal rejected the Revenue's appeals and upheld the orders in favor of the respondents. The decision emphasized that if a uniform price is charged regardless of credit or cash sales, and interest-free deposits do not impact the selling price, then notional interest should not be added to the assessable value. Case-Laws Central Excise Thu, 28 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108677