https://www.taxtmi.com/caselaws?id=902 Notional interest on advances received from buyers was not includible in the assessable value of tailor-made goods unless the Department first established a nexus between the advance and the price of the goods. The fact that the goods were manufactured to customer specifications did not, by itself, shift the burden of proof to the assessee. Valuation remained the Department's responsibility, and the Tribunal treated the contrary decision as per incuriam for failing to consider its earlier consistent view and Board Circular No. 404/37/98-CX dated 22 June 1998. en-us Mon, 14 Aug 2006 00:00:00 +0530 Sun, 13 Apr 2008 18:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=902 Notional interest on advances received from buyers was not includible in the assessable value of tailor-made goods unless the Department first established a nexus between the advance and the price of the goods. The fact that the goods were manufactured to customer specifications did not, by itself, shift the burden of proof to the assessee. Valuation remained the Department's responsibility, and the Tribunal treated the contrary decision as per incuriam for failing to consider its earlier consistent view and Board Circular No. 404/37/98-CX dated 22 June 1998. Case-Laws Central Excise Mon, 14 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=902