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2004 (5) TMI 66 - SC - Central ExciseWhether the interest accruing on advances are deductible from the price or not, and as to deduction of the bank charges and collection charges? Held that:- As it is clear that the decision in Commissioner of Central Excise, New Delhi v. Vikram Detergent Ltd. case (2001 (1) TMI 84 - SUPREME COURT OF INDIA) fully covers both the questions in this case and, therefore, we have no hesitation in modifying the order of the Tribunal to direct the authorities to whom the matters have been remanded to examine the question whether interest on receivables arises on account of time lapse between the delivery of goods and the realisation of monies is deductible from the assessable value of the goods at the time of removal from the factory of the assessee and also excludes the bank charges included in the price on account of clearance of outstation cheques. The appeals stand allowed accordingly.
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