2001 (1) TMI 693

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..... for the Respondent. [Order per : Lajja Ram, Member (T)]. - In this appeal filed by the Revenue, the issue that arises for our consideration is whether interest on deposits with the manufacturer of the tailor made machine had to be included while determining the assessable value of the said tailor made machines. 2. We have heard both the sides and have gone through the records. The disput .....

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..... Bench of the Supreme Court had taken the view that when the assessee was charging uniform price from the wholesale buyer and the prices were not depressed on account of the advances given by some of the buyers, the interest on free deposit was not to be included in the assessable of the final product. We find that in this case there was no allegation that price has been depressed as a consequence .....

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