https://www.taxtmi.com/forum/issue?id=3618 Post sale price adjustments by credit note that reflect genuine discounts known to the buyer or evidenced later are deductible from the transaction price for excise valuation, so the assessable value must be computed after allowing such discounts; judicial precedents support corresponding duty reversal or adjustment, while administrative views may contest modvat/CENVAT reversal absent clear entitlement. en-us Mon, 05 Dec 2011 13:06:53 +0530 Thu, 23 Jan 2025 15:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3618 Post sale price adjustments by credit note that reflect genuine discounts known to the buyer or evidenced later are deductible from the transaction price for excise valuation, so the assessable value must be computed after allowing such discounts; judicial precedents support corresponding duty reversal or adjustment, while administrative views may contest modvat/CENVAT reversal absent clear entitlement. Discussion-Forum Central Excise Mon, 05 Dec 2011 13:06:53 +0530 https://www.taxtmi.com/forum/issue?id=3618