2011 (8) TMI 757

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....gainst the Order of the Commissioner (Appeals), Mumbai.    2. The brief facts of the case are that the respondents have filed price list for April - 99 to March, 2000 for stock transfer in which they claimed deduction on account  of trade discount, quantity discount, distribution expenses, turnover tax, interest on receivables, breakages from their sale price. Since the asses....

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....that the issue regarding addition of interest on receivables in the assessable value has already been settled by the Supreme Court in the case of Commissioner of Central Excise, Hyderabad vs Novapan Industries Ltd. reported in 2007 (209) ELT 161(S.C.), wherein it was held by the apex court that interest on receivables being inbuilt in price which had not been charged separately is deductible from ....