2018 (3) TMI 1051

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....ndent Per:  Ramesh Nair The issue to be decided in the present appeal is that whether the notional interest on the advance deposit collected by the appellant against the supply of goods is includible in the assessable value of the final product or otherwise. 2. Shri C.S. Biradar, Ld. Counsel appearing on behalf of the appellant submits that the appellant manufactured and supplied tailor ma....

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....ully considered the submissions made by both the sides. We find that there is no dispute in the fact that the goods supplied by the appellant are not uniform/standard, every machine is a tailor made machine. Therefore if the advance deposit is not collected and at the time of supplies if the buyer refuses to purchase the machine there will be no security to the appellant therefore the reason of ta....