https://www.taxtmi.com/caselaws?id=102472 For valuation of pharmaceutical products, a higher trade discount for chief distributors was rejected because the assessee failed to establish a commercial distinction between chief distributors and other distributors, or any contractual requirement for a minimum monthly purchase justifying differential treatment. The Tribunal applied the same reasoning as in the assessee's earlier matter and held that, without proof of a real and commercially justified basis for a separate discount, the higher discount could not be allowed. The order confirming the valuation and penalty was sustained. en-us Tue, 28 May 2002 00:00:00 +0530 Wed, 15 Feb 2012 10:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102472 For valuation of pharmaceutical products, a higher trade discount for chief distributors was rejected because the assessee failed to establish a commercial distinction between chief distributors and other distributors, or any contractual requirement for a minimum monthly purchase justifying differential treatment. The Tribunal applied the same reasoning as in the assessee's earlier matter and held that, without proof of a real and commercially justified basis for a separate discount, the higher discount could not be allowed. The order confirming the valuation and penalty was sustained. Case-Laws Central Excise Tue, 28 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102472