https://www.taxtmi.com/caselaws?id=43272 Credit charges recovered from customers for deferred payment require examination to determine whether they are genuine interest or an additional element of the goods' assessable value for central excise. Where available material does not establish that the normal factory-gate price was artificially reduced by characterising part of the price as credit charges, their inclusion in assessable value cannot be sustained without closer scrutiny of relevant records. The issue was remitted for fresh consideration of the nature of the charges. en-us Thu, 06 Feb 1992 00:00:00 +0530 Thu, 17 Jun 2010 10:47:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43272 Credit charges recovered from customers for deferred payment require examination to determine whether they are genuine interest or an additional element of the goods' assessable value for central excise. Where available material does not establish that the normal factory-gate price was artificially reduced by characterising part of the price as credit charges, their inclusion in assessable value cannot be sustained without closer scrutiny of relevant records. The issue was remitted for fresh consideration of the nature of the charges. Case-Laws Central Excise Thu, 06 Feb 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43272