https://www.taxtmi.com/caselaws?id=92336 Cess levied under the Textiles Committee Act, 1963 was treated as a duty of excise and therefore deductible while determining assessable value under Section 4 of the Central Excise Act, 1944. Trade discount was deductible only if it reflected established trade practice, was communicated to buyers before removal, was actually passed on, and was not refundable; the discount claim required fresh factual verification. If any claimed deduction was disallowed, the amount recovered from the buyer had to be treated as cum-duty consideration and duty recomputed accordingly. en-us Thu, 20 Mar 1997 00:00:00 +0530 Fri, 04 Nov 2011 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92336 Cess levied under the Textiles Committee Act, 1963 was treated as a duty of excise and therefore deductible while determining assessable value under Section 4 of the Central Excise Act, 1944. Trade discount was deductible only if it reflected established trade practice, was communicated to buyers before removal, was actually passed on, and was not refundable; the discount claim required fresh factual verification. If any claimed deduction was disallowed, the amount recovered from the buyer had to be treated as cum-duty consideration and duty recomputed accordingly. Case-Laws Central Excise Thu, 20 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92336