https://www.taxtmi.com/caselaws?id=102935 Turnover discount remained deductible in central excise valuation where its availability and commercial nature were known at the time of clearance, even though the exact amount was quantified and paid later. Cash discount for prompt payment was also deductible because it formed part of the sale terms and was not an amount to be added back to assessable value merely because only compliant customers received it. The impugned order allowing both deductions was sustained, and the departmental appeal failed. en-us Tue, 17 Nov 1998 00:00:00 +0530 Fri, 17 Feb 2012 10:47:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102935 Turnover discount remained deductible in central excise valuation where its availability and commercial nature were known at the time of clearance, even though the exact amount was quantified and paid later. Cash discount for prompt payment was also deductible because it formed part of the sale terms and was not an amount to be added back to assessable value merely because only compliant customers received it. The impugned order allowing both deductions was sustained, and the departmental appeal failed. Case-Laws Central Excise Tue, 17 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102935