https://www.taxtmi.com/caselaws?id=115375 In excise valuation, excess freight is not includible where it reflects no more than the real transportation cost and is not part of assessable value. A bona fide quantity discount scheme may be allowed when supported by documents, including where the concession is given in kind rather than by cash payment. Turnover tax is deductible when the invoices do not show that it was recovered as part of the sale price. If the demand fails on these valuation components, penalty cannot stand. en-us Thu, 12 May 2005 00:00:00 +0530 Tue, 29 May 2012 11:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115375 In excise valuation, excess freight is not includible where it reflects no more than the real transportation cost and is not part of assessable value. A bona fide quantity discount scheme may be allowed when supported by documents, including where the concession is given in kind rather than by cash payment. Turnover tax is deductible when the invoices do not show that it was recovered as part of the sale price. If the demand fails on these valuation components, penalty cannot stand. Case-Laws Central Excise Thu, 12 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115375