https://www.taxtmi.com/caselaws?id=93388 A 21% trade discount on sales of motor vehicle parts was treated as admissible because it accorded with trade practice, appeared in the invoices even on credit sales, and was supported by arm's length transactions. The Revenue failed to produce material showing that the discount was unknown at the time of clearance, and verbal sale orders alone were insufficient to reject it absent mala fide or malpractice. The discount was therefore allowed and the Revenue's challenge failed. en-us Thu, 03 Feb 2000 00:00:00 +0530 Thu, 10 Nov 2011 13:18:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93388 A 21% trade discount on sales of motor vehicle parts was treated as admissible because it accorded with trade practice, appeared in the invoices even on credit sales, and was supported by arm's length transactions. The Revenue failed to produce material showing that the discount was unknown at the time of clearance, and verbal sale orders alone were insufficient to reject it absent mala fide or malpractice. The discount was therefore allowed and the Revenue's challenge failed. Case-Laws Central Excise Thu, 03 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93388