2012 (9) TMI 868

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..... D. Arvind, CA JUDGEMENT Per: P.G. Chacko; This appeal filed by the department is directed against the appellate Commissioner's order in favour of the assessee on a valuation issue. The question before the learned Commissioner (Appeals) was whether turnover tax and interest on receivables were liable to be included in the assessable value of the goods cleared by the assessee during the period f .....

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..... /2007 dated 26.6.2007 passed by this Tribunal in two appeals filed by the same assessee, interest on receivables was allowed to be excluded from the assessable value of the goods. It is not claimed by the appellant before us that the final order of the Tribunal was not accepted by the department. 4. In the result, the valuation issue has to be decided in favour of the respondent in view of the ci .....

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