https://www.taxtmi.com/caselaws?id=48297 The appeal focused on the justification of adding notional interest on advances to the sale price for determining the assessable value under the Central Excises and Salt Act, 1944. The Tribunal upheld that notional interest on advance amounts from customers was not includible in the assessable value, as the original transactions were based on the invoice value without reference to notional interest. The High Court dismissed the appeal, finding that the presumption under Section 12B of the Central Excise Act, 1944, had been rebutted based on the existing material on record. en-us Tue, 09 Sep 2008 00:00:00 +0530 Tue, 31 Aug 2010 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48297 The appeal focused on the justification of adding notional interest on advances to the sale price for determining the assessable value under the Central Excises and Salt Act, 1944. The Tribunal upheld that notional interest on advance amounts from customers was not includible in the assessable value, as the original transactions were based on the invoice value without reference to notional interest. The High Court dismissed the appeal, finding that the presumption under Section 12B of the Central Excise Act, 1944, had been rebutted based on the existing material on record. Case-Laws Central Excise Tue, 09 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48297