1999 (3) TMI 235

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..... ents. [Order per : G.A. Brahma Deva, Member (J)]. The short point to be considered in this five appeals is whether the interest on security deposit is to be included in the assessable value. 2. Heard both sides. 3. The Supreme Court in the case of M/s. V.S.T. Industries v. C.C.E. reported in 1998 (97) E.L.T. 395 held that there is nothing on record to show that the receipt of the de .....

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..... the price charged from all the buyers was reduced. There was thus, no justification for dis-regarding the uniform wholesale price which was being charged from all the dealers and adding the element of notional interest of the security deposit to the said price . 4. It was brought to our notice that following the aforesaid decision, the Tribunal has been consistently taking this view and Shri S.D .....

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