https://www.taxtmi.com/caselaws?id=46538 Notional interest on interest-free advances from buyers is includible in the assessable value of excisable goods only when the Revenue proves that the advance actually influenced price fixation. If the advance results in a lower price, special discount, or other additional consideration, the amount may form part of assessable value; however, mere receipt of an interest-free advance is insufficient. Where the same selling price is charged to buyers with and without such advances, and there is no evidence that the advance depressed the price, notional interest cannot be added. The principle applied is that additional consideration must be shown by evidence and cannot be presumed from the existence of an advance. en-us Mon, 21 Apr 2003 00:00:00 +0530 Thu, 01 Jan 2026 14:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46538 Notional interest on interest-free advances from buyers is includible in the assessable value of excisable goods only when the Revenue proves that the advance actually influenced price fixation. If the advance results in a lower price, special discount, or other additional consideration, the amount may form part of assessable value; however, mere receipt of an interest-free advance is insufficient. Where the same selling price is charged to buyers with and without such advances, and there is no evidence that the advance depressed the price, notional interest cannot be added. The principle applied is that additional consideration must be shown by evidence and cannot be presumed from the existence of an advance. Case-Laws Central Excise Mon, 21 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46538