https://www.taxtmi.com/caselaws?id=112006 The Appellate Tribunal CESTAT, NEW DELHI allowed the appellant's request for provisional assessment of Sewing Thread, overturning the rejection by lower authorities. The Tribunal found the duty assessment on an assessable value including discounts to be illegal, emphasizing the need to deduct discounts to determine the assessable value. It directed the appellant to pay duty on a provisional assessment basis at the time of goods' removal from the factory to depots, ensuring compliance with procedural requirements for future assessments. Both parties were instructed to review past assessments promptly for refund or recovery actions, ensuring a fair resolution. en-us Wed, 16 Jun 2004 00:00:00 +0530 Thu, 26 Apr 2012 12:24:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112006 The Appellate Tribunal CESTAT, NEW DELHI allowed the appellant's request for provisional assessment of Sewing Thread, overturning the rejection by lower authorities. The Tribunal found the duty assessment on an assessable value including discounts to be illegal, emphasizing the need to deduct discounts to determine the assessable value. It directed the appellant to pay duty on a provisional assessment basis at the time of goods' removal from the factory to depots, ensuring compliance with procedural requirements for future assessments. Both parties were instructed to review past assessments promptly for refund or recovery actions, ensuring a fair resolution. Case-Laws Central Excise Wed, 16 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112006