https://www.taxtmi.com/caselaws?id=1999 The Tribunal set aside the Commissioner's decision to include interest on advance payment in the assessable value of goods supplied, ruling in favor of the appellants. The Tribunal emphasized the lack of evidence establishing a connection between the advance payments and the price of the goods, citing legal precedents that interest should not be included if advances do not influence prices or serve as working capital. The appeal was allowed, providing consequential relief as necessary. en-us Wed, 18 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1999 The Tribunal set aside the Commissioner's decision to include interest on advance payment in the assessable value of goods supplied, ruling in favor of the appellants. The Tribunal emphasized the lack of evidence establishing a connection between the advance payments and the price of the goods, citing legal precedents that interest should not be included if advances do not influence prices or serve as working capital. The appeal was allowed, providing consequential relief as necessary. Case-Laws Central Excise Wed, 18 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1999