https://www.taxtmi.com/caselaws?id=93488 Under excise valuation principles, a trade discount known before removal and granted in the course of trade is deductible from assessable value, even if confined to stockists rather than all buyers. On that basis, the additional discount or free bonus claimed was also treated as an admissible deduction because uniformity was not required once the discount was established before clearance. Free supply relating to breakages was likewise accepted as a permissible trade adjustment, and interest on receivables was excluded from valuation in line with the governing precedent. The overall treatment favoured deduction of the principal valuation components claimed by the assessee. en-us Wed, 21 Jun 2000 00:00:00 +0530 Fri, 11 Nov 2011 17:15:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93488 Under excise valuation principles, a trade discount known before removal and granted in the course of trade is deductible from assessable value, even if confined to stockists rather than all buyers. On that basis, the additional discount or free bonus claimed was also treated as an admissible deduction because uniformity was not required once the discount was established before clearance. Free supply relating to breakages was likewise accepted as a permissible trade adjustment, and interest on receivables was excluded from valuation in line with the governing precedent. The overall treatment favoured deduction of the principal valuation components claimed by the assessee. Case-Laws Central Excise Wed, 21 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93488