https://www.taxtmi.com/caselaws?id=346297 Notional interest on buyer advances is includible in assessable value only where the advances influence the selling price; on the facts stated, the pricing policy was unchanged and the assessee already paid interest on the advances, so no addition was justified. Where discounts shown in invoices were not actually passed on, and duty on amounts covered by debit notes had already been discharged, no further duty demand survived. The verified report supported the assessee's position, and the demands and penalty were set aside. en-us Tue, 01 Aug 2017 00:00:00 +0530 Tue, 13 Feb 2018 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346297 Notional interest on buyer advances is includible in assessable value only where the advances influence the selling price; on the facts stated, the pricing policy was unchanged and the assessee already paid interest on the advances, so no addition was justified. Where discounts shown in invoices were not actually passed on, and duty on amounts covered by debit notes had already been discharged, no further duty demand survived. The verified report supported the assessee's position, and the demands and penalty were set aside. Case-Laws Central Excise Tue, 01 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346297