https://www.taxtmi.com/caselaws?id=53300 Buyer advances or security deposits are includible as notional interest in assessable value only where the Revenue proves a real nexus with the price charged, or shows that the deposits depressed the sale price. Mere receipt of advances or deposits is not enough to enhance valuation. Comparable pricing with other buyers and the absence of evidence of any device to suppress price defeat inclusion of notional interest. Valuation cannot be increased on conjecture without proof of the required nexus, and connected demand and penalties cannot stand on that basis. en-us Fri, 24 Sep 2004 00:00:00 +0530 Tue, 12 Oct 2010 14:11:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53300 Buyer advances or security deposits are includible as notional interest in assessable value only where the Revenue proves a real nexus with the price charged, or shows that the deposits depressed the sale price. Mere receipt of advances or deposits is not enough to enhance valuation. Comparable pricing with other buyers and the absence of evidence of any device to suppress price defeat inclusion of notional interest. Valuation cannot be increased on conjecture without proof of the required nexus, and connected demand and penalties cannot stand on that basis. Case-Laws Central Excise Fri, 24 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53300