https://www.taxtmi.com/caselaws?id=112657 The Appellate Tribunal CESTAT, New Delhi allowed the deduction of both cash discount and turnover discount from the assessable value in the case. The Tribunal upheld the Commissioner's decision to allow the cash discount deduction, emphasizing that buyers were aware of the discount scheme before goods removal. Additionally, the Tribunal ruled in favor of allowing the turnover discount deduction, stating that it was known to customers before goods removal and should be considered admissible based on commercial practices and legal precedents, ultimately allowing the appeal of M/s. Havell's Electronics Pvt. Ltd. en-us Tue, 28 Sep 2004 00:00:00 +0530 Tue, 01 May 2012 11:52:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112657 The Appellate Tribunal CESTAT, New Delhi allowed the deduction of both cash discount and turnover discount from the assessable value in the case. The Tribunal upheld the Commissioner's decision to allow the cash discount deduction, emphasizing that buyers were aware of the discount scheme before goods removal. Additionally, the Tribunal ruled in favor of allowing the turnover discount deduction, stating that it was known to customers before goods removal and should be considered admissible based on commercial practices and legal precedents, ultimately allowing the appeal of M/s. Havell's Electronics Pvt. Ltd. Case-Laws Central Excise Tue, 28 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112657