https://www.taxtmi.com/caselaws?id=52270 The Tribunal upheld the Commissioner (Appeals) order disallowing the deduction of interest on receivables for determining the assessable value of excisable goods. The Tribunal found that the appellant's approach did not align with the requirements for claiming abatement as per relevant legal principles, as there was no evidence of charging interest over and above the price in the invoices. The appeal was dismissed, emphasizing the importance of explicit documentation and adherence to valuation provisions in such cases. en-us Mon, 20 Jan 2003 00:00:00 +0530 Mon, 04 Oct 2010 16:25:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52270 The Tribunal upheld the Commissioner (Appeals) order disallowing the deduction of interest on receivables for determining the assessable value of excisable goods. The Tribunal found that the appellant's approach did not align with the requirements for claiming abatement as per relevant legal principles, as there was no evidence of charging interest over and above the price in the invoices. The appeal was dismissed, emphasizing the importance of explicit documentation and adherence to valuation provisions in such cases. Case-Laws Central Excise Mon, 20 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52270