https://www.taxtmi.com/caselaws?id=1944 The court rejected the appellant's claim for deduction of interest on receivables from the sale price to determine the assessable value for duty payment. The appellant failed to prove that the interest on receivables was inbuilt in the sale price, leading to a demand for differential duty. The court emphasized the burden on the assessee to demonstrate the inclusion of interest in the sale price and dismissed the appellant's argument of presumed interest in credit sale prices due to lack of evidence. The court upheld the duty payment on the differential value of the goods, finalizing the decision on 26-6-2007. en-us Tue, 26 Jun 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1944 The court rejected the appellant's claim for deduction of interest on receivables from the sale price to determine the assessable value for duty payment. The appellant failed to prove that the interest on receivables was inbuilt in the sale price, leading to a demand for differential duty. The court emphasized the burden on the assessee to demonstrate the inclusion of interest in the sale price and dismissed the appellant's argument of presumed interest in credit sale prices due to lack of evidence. The court upheld the duty payment on the differential value of the goods, finalizing the decision on 26-6-2007. Case-Laws Central Excise Tue, 26 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1944