https://www.taxtmi.com/caselaws?id=212229 Deductions from assessable value for trade discount, additional discount, freight and insurance were upheld where the claims were supported by Chartered Accountant certificates and verified by the Range Officer. The lower authorities accepted equalised freight and insurance based on depot sales and composite insurance cover, and the Revenue failed to produce contrary evidence to discredit that verification. On that factual basis, post-manufacturing and post-removal expenses were treated as allowable deductions in computing assessable value, and the Revenue's objection was rejected. en-us Wed, 11 May 2011 00:00:00 +0530 Sat, 07 Apr 2012 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212229 Deductions from assessable value for trade discount, additional discount, freight and insurance were upheld where the claims were supported by Chartered Accountant certificates and verified by the Range Officer. The lower authorities accepted equalised freight and insurance based on depot sales and composite insurance cover, and the Revenue failed to produce contrary evidence to discredit that verification. On that factual basis, post-manufacturing and post-removal expenses were treated as allowable deductions in computing assessable value, and the Revenue's objection was rejected. Case-Laws Central Excise Wed, 11 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212229