Appellate Tribunal Upholds Regional Discounts in Assessable Value Calculation

The Appellate Tribunal CEGAT, New Delhi upheld the lower authorities' decision allowing regional discounts in calculating the assessable value of goods. The Revenue's appeal was dismissed due to varying sales prices in different regions caused by sales tax exemptions in U.P.

---

---

The Appellate Tribunal CEGAT, New Delhi upheld the lower authorities' decision that regional discounts are permissible in determining the assessable value of manufactured goods. The appeal by the Revenue was dismissed as sales in U.P. were exempt from sales tax, leading to different pricing for sales in different regions.

---