https://www.taxtmi.com/caselaws?id=203552 Excise valuation excludes no deduction for interest on receivables when determining assessable value. Following the amended valuation regime under Section 4 of the Central Excise Act, each sale price is treated as the relevant normal price for assessment. Distributors' discount cannot be extended to non-distributors where the discount was not disclosed to the Department during the relevant period. These principles require inclusion of interest on receivables in assessable value and deny undisclosed discount treatment for sales to non-distributors. en-us Tue, 25 Jan 2011 00:00:00 +0530 Fri, 09 Sep 2022 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203552 Excise valuation excludes no deduction for interest on receivables when determining assessable value. Following the amended valuation regime under Section 4 of the Central Excise Act, each sale price is treated as the relevant normal price for assessment. Distributors' discount cannot be extended to non-distributors where the discount was not disclosed to the Department during the relevant period. These principles require inclusion of interest on receivables in assessable value and deny undisclosed discount treatment for sales to non-distributors. Case-Laws Central Excise Tue, 25 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203552