https://www.taxtmi.com/caselaws?id=50466 Interest on receivables was held not includible in assessable value on identical facts, and that final tribunal decision bound later proceedings. The departmental authority could not reopen the same valuation issue for a subsequent period by taking a contrary view on the same material. Once the earlier ruling had attained finality, the proper course was to challenge it in accordance with law rather than ignore it in fresh adjudication. On that basis, the demand seeking inclusion of the 1.3% deduction in assessable value was unsustainable and was set aside in favour of the assessee. en-us Thu, 01 Feb 2001 00:00:00 +0530 Sat, 21 Aug 2010 18:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50466 Interest on receivables was held not includible in assessable value on identical facts, and that final tribunal decision bound later proceedings. The departmental authority could not reopen the same valuation issue for a subsequent period by taking a contrary view on the same material. Once the earlier ruling had attained finality, the proper course was to challenge it in accordance with law rather than ignore it in fresh adjudication. On that basis, the demand seeking inclusion of the 1.3% deduction in assessable value was unsustainable and was set aside in favour of the assessee. Case-Laws Central Excise Thu, 01 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50466