Appellate Tribunal allows discounts on imports, emphasizing flexibility

The Appellate Tribunal CESTAT CHENNAI upheld the decision of the Commissioner (Appeals) allowing discounts of 25% to 43% on imports based on discounts given to unrelated parties. The Tribunal emphasized that fluctuating reasonable discounts are acceptable without a fixed formula, particularly for imports with warranty conditions. The Revenue's appeal was dismissed due to insufficient evidence to contest the findings.

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The Appellate Tribunal CESTAT CHENNAI upheld the decision of the Commissioner (Appeals) allowing discounts of 25% to 43% on imports, based on discounts given to unrelated parties. The Tribunal noted that fluctuating reasonable discounts are permissible without a fixed formula, especially for imports subject to warranty conditions. The Revenue's appeal was dismissed due to lack of evidence to challenge the findings.

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