https://www.taxtmi.com/caselaws?id=91407 The Tribunal upheld the deduction of cash discount from the assessable value of goods across the board, dismissing the Revenue's appeal. It found that cash discount for prompt payment is deductible regardless of individual customer availing it, citing precedents in Bharatia Cutler Hammer Ltd. and Goodlass Nerolac Paints cases. The Revenue failed to distinguish or address these precedents, leading to the affirmation of the deduction of cash discount. en-us Wed, 05 May 1999 00:00:00 +0530 Mon, 17 Oct 2011 17:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91407 The Tribunal upheld the deduction of cash discount from the assessable value of goods across the board, dismissing the Revenue's appeal. It found that cash discount for prompt payment is deductible regardless of individual customer availing it, citing precedents in Bharatia Cutler Hammer Ltd. and Goodlass Nerolac Paints cases. The Revenue failed to distinguish or address these precedents, leading to the affirmation of the deduction of cash discount. Case-Laws Central Excise Wed, 05 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91407