https://www.taxtmi.com/caselaws?id=339359 The Tribunal held that notional interest on advances given by M/s. Mahindra Ford India Ltd. to the appellant should not be included in the assessable value of vehicles manufactured by the respondent. It was determined that the duty was discharged based on the sale price of M/s. Mahindra Ford India Ltd., which already included all costs and profits, making the addition of notional interest unnecessary. The Tribunal upheld the Commissioner (Appeals) decision, ruling in favor of the respondent and dismissing the Revenue's appeal. en-us Tue, 31 Jan 2017 00:00:00 +0530 Mon, 21 Aug 2017 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339359 The Tribunal held that notional interest on advances given by M/s. Mahindra Ford India Ltd. to the appellant should not be included in the assessable value of vehicles manufactured by the respondent. It was determined that the duty was discharged based on the sale price of M/s. Mahindra Ford India Ltd., which already included all costs and profits, making the addition of notional interest unnecessary. The Tribunal upheld the Commissioner (Appeals) decision, ruling in favor of the respondent and dismissing the Revenue's appeal. Case-Laws Central Excise Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339359