https://www.taxtmi.com/caselaws?id=86301 The appeals challenged the exclusion of a trade discount from the assessed value, leading to a differential duty amount and penalty imposition by the Collector of Central Excise. The appellants argued that the trade discount was passed on to dealers, supported by evidence, but the authorities emphasized the requirement to declare discounts in the price list for approval. Despite documentation, doubts arose regarding the benefit reaching end customers. The judgment focused on evidentiary requirements, interpretation of trade discount under the Central Excises and Salt Act, and adherence to normal trade practices. Ultimately, the appeals were dismissed due to insufficient evidence of the trade discount being effectively passed on to customers. en-us Wed, 04 Dec 1996 00:00:00 +0530 Tue, 23 Aug 2011 18:03:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86301 The appeals challenged the exclusion of a trade discount from the assessed value, leading to a differential duty amount and penalty imposition by the Collector of Central Excise. The appellants argued that the trade discount was passed on to dealers, supported by evidence, but the authorities emphasized the requirement to declare discounts in the price list for approval. Despite documentation, doubts arose regarding the benefit reaching end customers. The judgment focused on evidentiary requirements, interpretation of trade discount under the Central Excises and Salt Act, and adherence to normal trade practices. Ultimately, the appeals were dismissed due to insufficient evidence of the trade discount being effectively passed on to customers. Case-Laws Central Excise Wed, 04 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86301