https://www.taxtmi.com/caselaws?id=92877 Bank charges incurred in collecting sale proceeds were held deductible from the assessable value of excisable goods because they were linked to realisation of the sale price and treated consistently with valuation principles applied to receivables. Discount allowed to buyers for transit damage was also deductible, as it reflected bona fide post-clearance damage and prior Tribunal rulings had recognised such allowance where verification of each consignment was no longer practicable. The lower authorities' rejection of both deductions was therefore unsustainable, and the assessee succeeded on both issues. en-us Mon, 15 Sep 1997 00:00:00 +0530 Sat, 05 Nov 2011 16:54:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92877 Bank charges incurred in collecting sale proceeds were held deductible from the assessable value of excisable goods because they were linked to realisation of the sale price and treated consistently with valuation principles applied to receivables. Discount allowed to buyers for transit damage was also deductible, as it reflected bona fide post-clearance damage and prior Tribunal rulings had recognised such allowance where verification of each consignment was no longer practicable. The lower authorities' rejection of both deductions was therefore unsustainable, and the assessee succeeded on both issues. Case-Laws Central Excise Mon, 15 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92877