https://www.taxtmi.com/caselaws?id=107372 Trade discount reflected in the supplier's invoice was held not to form part of the assessable value of imported goods where the discount was supported by the invoice and the supplier's confirmation that it was the normal trade discount extended to purchasers. The mere absence of a separately stated percentage in the invoice was insufficient to deny the discount, particularly when the record showed payment only of the invoice value and no evidence of any additional flow back to the supplier. The discount was therefore excluded from assessable value. en-us Fri, 07 Mar 2003 00:00:00 +0530 Wed, 21 Mar 2012 18:56:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107372 Trade discount reflected in the supplier's invoice was held not to form part of the assessable value of imported goods where the discount was supported by the invoice and the supplier's confirmation that it was the normal trade discount extended to purchasers. The mere absence of a separately stated percentage in the invoice was insufficient to deny the discount, particularly when the record showed payment only of the invoice value and no evidence of any additional flow back to the supplier. The discount was therefore excluded from assessable value. Case-Laws Customs Fri, 07 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107372