https://www.taxtmi.com/caselaws?id=94525 Excise valuation principles were applied to determine what formed part of assessable value, and freight subsidy granted to promote industrialisation was treated as deductible from transportation cost. Free replacement units for damaged stock, scheme-based replacement of damaged goods, consumer offer gifts, collection and bank charges, and invoice-based promotional schemes were treated as deductible trade discounts or excluded valuation elements where they were genuine, pre-notified, and reflected in the invoices. The Tribunal also held that admissible abatements could not be denied merely because they were omitted from the price list when assessment was provisional, and that the cost of master outer cartons was excludible where the goods could be marketed in inner cartons and outer packing was mainly for transport convenience. en-us Wed, 12 Jan 2000 00:00:00 +0530 Wed, 23 Nov 2011 11:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94525 Excise valuation principles were applied to determine what formed part of assessable value, and freight subsidy granted to promote industrialisation was treated as deductible from transportation cost. Free replacement units for damaged stock, scheme-based replacement of damaged goods, consumer offer gifts, collection and bank charges, and invoice-based promotional schemes were treated as deductible trade discounts or excluded valuation elements where they were genuine, pre-notified, and reflected in the invoices. The Tribunal also held that admissible abatements could not be denied merely because they were omitted from the price list when assessment was provisional, and that the cost of master outer cartons was excludible where the goods could be marketed in inner cartons and outer packing was mainly for transport convenience. Case-Laws Central Excise Wed, 12 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94525