https://www.taxtmi.com/caselaws?id=191887 The Appellate Tribunal CESTAT, Mumbai allowed the appeal, setting aside the impugned order disallowing the deduction for interest on receivables through cheque discounting to determine the assessable value of excisable goods sold by the appellant. The Tribunal relied on legal precedents, including judgments in the appellant's own case and rulings from the Apex Court, to conclude that interest on receivables is not includible in the assessable value. The decision emphasizes the necessity of applying consistent legal principles in assessing the value of goods for excise purposes. en-us Mon, 02 Jan 2017 00:00:00 +0530 Sun, 30 Apr 2017 17:15:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191887 The Appellate Tribunal CESTAT, Mumbai allowed the appeal, setting aside the impugned order disallowing the deduction for interest on receivables through cheque discounting to determine the assessable value of excisable goods sold by the appellant. The Tribunal relied on legal precedents, including judgments in the appellant's own case and rulings from the Apex Court, to conclude that interest on receivables is not includible in the assessable value. The decision emphasizes the necessity of applying consistent legal principles in assessing the value of goods for excise purposes. Case-Laws Central Excise Mon, 02 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191887