https://www.taxtmi.com/caselaws?id=98045 A cash discount claimed as a bonus to wholesale dealers is deductible from assessable value only if it is a genuine trade discount and the terms were known to buyers at the time of sale; in the absence of evidence of prior communication, the deduction fails. Wooden-box packing is includible in assessable value unless the assessee proves that such packing was not necessary for making the goods marketable in the wholesale market at the relevant time; where the goods were sold on uniform terms with no separate packing charge or buyer option, the packing cost remains includible. The note therefore states that both valuation claims were rejected and duty assessment was sustained. en-us Tue, 20 Apr 1999 00:00:00 +0530 Thu, 19 Jan 2012 10:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98045 A cash discount claimed as a bonus to wholesale dealers is deductible from assessable value only if it is a genuine trade discount and the terms were known to buyers at the time of sale; in the absence of evidence of prior communication, the deduction fails. Wooden-box packing is includible in assessable value unless the assessee proves that such packing was not necessary for making the goods marketable in the wholesale market at the relevant time; where the goods were sold on uniform terms with no separate packing charge or buyer option, the packing cost remains includible. The note therefore states that both valuation claims were rejected and duty assessment was sustained. Case-Laws Central Excise Tue, 20 Apr 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98045