https://www.taxtmi.com/caselaws?id=124641 Notional interest arising from customer advances for tailor-made goods was includible in assessable value under central excise law where the assessee admitted that the interest benefit was factored into a lower sale price. That admission was sufficient to show that the price was influenced by additional consideration, so no further proof of nexus was required from the department. The argument that the interest was effectively neutralised by reducing the price failed because valuation had to reflect the full realizable price unaffected by such benefit. The demand was sustained, and the valuation, penalty and duty order were restored. en-us Mon, 04 Aug 2008 00:00:00 +0530 Tue, 05 Sep 2017 13:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124641 Notional interest arising from customer advances for tailor-made goods was includible in assessable value under central excise law where the assessee admitted that the interest benefit was factored into a lower sale price. That admission was sufficient to show that the price was influenced by additional consideration, so no further proof of nexus was required from the department. The argument that the interest was effectively neutralised by reducing the price failed because valuation had to reflect the full realizable price unaffected by such benefit. The demand was sustained, and the valuation, penalty and duty order were restored. Case-Laws Central Excise Mon, 04 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124641