https://www.taxtmi.com/caselaws?id=198995 The Tribunal ruled in favor of the appellants, allowing the deduction claimed for 'interest receivables' from the price list. The appellants provided a CA certificate supporting their claim, which was accepted by the Tribunal. Referring to previous judgments, including Novapan Industries Ltd., the Tribunal held that interest on receivables is an allowable deduction. The Tribunal emphasized applying the law prevailing at the time of the appeal, as established by the Supreme Court in relevant cases. Consequently, the appeals were allowed, and consequential relief, if any, was provided based on Supreme Court judgments in A. Infrastructure Ltd. and Novapan Industries Ltd. en-us Wed, 29 Aug 2007 00:00:00 +0530 Fri, 16 Feb 2018 12:15:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198995 The Tribunal ruled in favor of the appellants, allowing the deduction claimed for 'interest receivables' from the price list. The appellants provided a CA certificate supporting their claim, which was accepted by the Tribunal. Referring to previous judgments, including Novapan Industries Ltd., the Tribunal held that interest on receivables is an allowable deduction. The Tribunal emphasized applying the law prevailing at the time of the appeal, as established by the Supreme Court in relevant cases. Consequently, the appeals were allowed, and consequential relief, if any, was provided based on Supreme Court judgments in A. Infrastructure Ltd. and Novapan Industries Ltd. Case-Laws Central Excise Wed, 29 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198995