https://www.taxtmi.com/caselaws?id=97951 A special trade discount to a sister concern is admissible for excise valuation only if the assessee proves, with acceptable evidence, that the differential treatment rests on identifiable commercial considerations and that the sale is at arm's length. Where the discount is not shown to follow any ascertainable criterion and is not extended to similarly placed independent buyers, it cannot reduce assessable value under Section 4 of the Central Excise Act, 1944. On the stated facts, the discount was disallowed for valuation purposes, and the demand and penalty were sustained. en-us Wed, 11 Jul 2001 00:00:00 +0530 Wed, 18 Jan 2012 16:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97951 A special trade discount to a sister concern is admissible for excise valuation only if the assessee proves, with acceptable evidence, that the differential treatment rests on identifiable commercial considerations and that the sale is at arm's length. Where the discount is not shown to follow any ascertainable criterion and is not extended to similarly placed independent buyers, it cannot reduce assessable value under Section 4 of the Central Excise Act, 1944. On the stated facts, the discount was disallowed for valuation purposes, and the demand and penalty were sustained. Case-Laws Central Excise Wed, 11 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97951