https://www.taxtmi.com/circulars?id=971 Interest charged by foreign suppliers on deferred payment is not normally includible in the assessable value if the interest has no nexus to the goods' value, is separately invoiced, there is no financing arrangement or special relationship influencing price, and the declared price represents the price actually paid or payable in the ordinary course of trade. If evidence shows the interest influenced the selling price, it must be included; cases are to be decided on their merits. en-us Tue, 17 Jun 1997 00:00:00 +0530 Mon, 04 Aug 2025 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=971 Interest charged by foreign suppliers on deferred payment is not normally includible in the assessable value if the interest has no nexus to the goods' value, is separately invoiced, there is no financing arrangement or special relationship influencing price, and the declared price represents the price actually paid or payable in the ordinary course of trade. If evidence shows the interest influenced the selling price, it must be included; cases are to be decided on their merits. Circulars Customs Tue, 17 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=971