https://www.taxtmi.com/caselaws?id=212781 The Tribunal allowed the appellants, cocoa manufacturers, to deduct cheque discounting charges from the assessable value, citing previous decisions permitting deductions for bank charges. The Tribunal held that irrespective of the nature of the charges, whether local or outstation, deductions for bank charges were permissible. Relying on the case law presented by the appellants, the Tribunal concluded in favor of the appellants, modifying the orders and allowing the appeals. en-us Wed, 22 Jun 2011 00:00:00 +0530 Tue, 24 Apr 2012 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212781 The Tribunal allowed the appellants, cocoa manufacturers, to deduct cheque discounting charges from the assessable value, citing previous decisions permitting deductions for bank charges. The Tribunal held that irrespective of the nature of the charges, whether local or outstation, deductions for bank charges were permissible. Relying on the case law presented by the appellants, the Tribunal concluded in favor of the appellants, modifying the orders and allowing the appeals. Case-Laws Central Excise Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212781