https://www.taxtmi.com/caselaws?id=114522 The Appellate Tribunal allowed the appeal filed by the Revenue concerning the eligibility of deduction on account of discount in determining the assessable value under Section 4 of the Central Excise Act. The Tribunal overturned the disallowance of a 2.5% trade discount by the Assistant Commissioner, aligning with the Supreme Court's judgment in a similar case involving M/s. Escorts Ltd. The Tribunal clarified that differential discounts to stockists should not be deducted when calculating the normal price for goods sold to sub-stockists, emphasizing the specific nature of such discounts. en-us Wed, 06 Oct 2004 00:00:00 +0530 Wed, 16 May 2012 13:32:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114522 The Appellate Tribunal allowed the appeal filed by the Revenue concerning the eligibility of deduction on account of discount in determining the assessable value under Section 4 of the Central Excise Act. The Tribunal overturned the disallowance of a 2.5% trade discount by the Assistant Commissioner, aligning with the Supreme Court's judgment in a similar case involving M/s. Escorts Ltd. The Tribunal clarified that differential discounts to stockists should not be deducted when calculating the normal price for goods sold to sub-stockists, emphasizing the specific nature of such discounts. Case-Laws Central Excise Wed, 06 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114522