https://www.taxtmi.com/circulars?id=5734 The Board clarifies that interest actually charged from the buyer for delayed payment is excludible from value, but notional interest or interest costs not charged to the customer cannot be deducted from the assessable value; if interest costs are inbuilt in the price they form part of the pre sale price and cannot be separately excluded. en-us Fri, 29 Mar 1996 00:00:00 +0530 Tue, 30 Jun 2009 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5734 The Board clarifies that interest actually charged from the buyer for delayed payment is excludible from value, but notional interest or interest costs not charged to the customer cannot be deducted from the assessable value; if interest costs are inbuilt in the price they form part of the pre sale price and cannot be separately excluded. Circulars Central Excise Fri, 29 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5734