Trade discount in invoice cannot be added to assessable value when supported by supplier confirmation and payment records.

Trade discount reflected in the supplier's invoice was held not to form part of the assessable value of imported goods where the discount was supported by the invoice and the supplier's confirmation that it was the normal trade discount extended to purchasers. The mere absence of a separately stated percentage in the invoice was insufficient to deny the discount, particularly when the record showed payment only of the invoice value and no evidence of any additional flow back to the supplier. The discount was therefore excluded from assessable value.

---

---

Issues: Whether the trade discount shown in the supplier's invoice was liable to be added to the assessable value of the imported goods.

Analysis: The discount was evidenced by the invoice and the supplier's subsequent confirmation that it represented the normal trade discount extended to purchasers. The absence of a separately indicated percentage in the invoice, by itself, did not justify denial of the discount. The record also showed payment of the invoice value without evidence of any additional flow back to the supplier.

Conclusion: The trade discount could not be added to the assessable value, and the appeal was allowed.

---