https://www.taxtmi.com/caselaws?id=203128 The Tribunal upheld the orders dropping duty demand on notional interest added to the amount received by the respondent from customers. The Revenue's appeal was rejected as it failed to prove that the advances received depressed the sale price of goods. The decision emphasized the necessity of establishing a nexus between advances taken and prices charged, in line with the precedent set by the Hon'ble Apex Court in VST Inds. The inclusion of notional interest in the assessable value was deemed unwarranted without evidence of impact on sale prices. en-us Wed, 09 Mar 2011 00:00:00 +0530 Sun, 08 May 2011 22:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203128 The Tribunal upheld the orders dropping duty demand on notional interest added to the amount received by the respondent from customers. The Revenue's appeal was rejected as it failed to prove that the advances received depressed the sale price of goods. The decision emphasized the necessity of establishing a nexus between advances taken and prices charged, in line with the precedent set by the Hon'ble Apex Court in VST Inds. The inclusion of notional interest in the assessable value was deemed unwarranted without evidence of impact on sale prices. Case-Laws Central Excise Wed, 09 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203128