https://www.taxtmi.com/caselaws?id=83161 A quantity discount communicated in advance, accepted by buyers, and built into the contractual net price was deductible as a trade discount under central excise valuation principles. Because the discounted price was the actual factory-gate price on removal, with the contracts and price lists approved by departmental officers and no evidence of flow-back, suppression, or escalation clause, the discount was not a contingent post-sale allowance. It formed part of the contract price and had to be excluded from assessable value, making the departmental rejection of the approved prices unsustainable. en-us Wed, 31 Mar 1993 00:00:00 +0530 Mon, 11 Jul 2011 13:33:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83161 A quantity discount communicated in advance, accepted by buyers, and built into the contractual net price was deductible as a trade discount under central excise valuation principles. Because the discounted price was the actual factory-gate price on removal, with the contracts and price lists approved by departmental officers and no evidence of flow-back, suppression, or escalation clause, the discount was not a contingent post-sale allowance. It formed part of the contract price and had to be excluded from assessable value, making the departmental rejection of the approved prices unsustainable. Case-Laws Central Excise Wed, 31 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83161