https://www.taxtmi.com/caselaws?id=112551 The Tribunal overturned the Commissioner (Appeals)'s decision, allowing the appeal. It was determined that the "credit cost" should be considered in the assessable value for duty calculation as it related to credit sales and was not just interest on delayed realization. Factors such as the variable nature of credit cost, acknowledgment of charging it from buyers, and buyers' perception of credit cost as a product cost rather than interest were crucial in the analysis. The Tribunal relied on a previous case precedent where the recovery of service charges related to credit sales expenses was upheld, supporting the inclusion of the recovered amounts in the assessable value. en-us Thu, 22 Jul 2004 00:00:00 +0530 Mon, 30 Apr 2012 15:47:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112551 The Tribunal overturned the Commissioner (Appeals)'s decision, allowing the appeal. It was determined that the "credit cost" should be considered in the assessable value for duty calculation as it related to credit sales and was not just interest on delayed realization. Factors such as the variable nature of credit cost, acknowledgment of charging it from buyers, and buyers' perception of credit cost as a product cost rather than interest were crucial in the analysis. The Tribunal relied on a previous case precedent where the recovery of service charges related to credit sales expenses was upheld, supporting the inclusion of the recovered amounts in the assessable value. Case-Laws Central Excise Thu, 22 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112551