https://www.taxtmi.com/caselaws?id=355133 The Tribunal upheld the order-in-original adding notional interest to assessable value of goods received as advances with discounts. Citing a Supreme Court precedent, the Tribunal emphasized that interest-free advances alone do not warrant reloading assessable value with notional interest unless it is shown that such advances influenced pricing. The Tribunal found the revenue failed to demonstrate such influence, leading to the dismissal of the appeal and affirmation of the lower authority's decision. The Tribunal's ruling underscored the necessity of concrete evidence proving the impact of interest-free advances on pricing, in line with the Supreme Court's directive. en-us Tue, 12 Dec 2017 00:00:00 +0530 Sat, 10 Feb 2018 07:30:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355133 The Tribunal upheld the order-in-original adding notional interest to assessable value of goods received as advances with discounts. Citing a Supreme Court precedent, the Tribunal emphasized that interest-free advances alone do not warrant reloading assessable value with notional interest unless it is shown that such advances influenced pricing. The Tribunal found the revenue failed to demonstrate such influence, leading to the dismissal of the appeal and affirmation of the lower authority's decision. The Tribunal's ruling underscored the necessity of concrete evidence proving the impact of interest-free advances on pricing, in line with the Supreme Court's directive. Case-Laws Central Excise Tue, 12 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355133