https://www.taxtmi.com/forum/issue?id=5270 Cash discount is allowable as a deduction from assessable value if actually passed on to the buyer, given under terms of sale or trade practice known before removal, and applicable in principal-to-principal transactions; case law treats cash discount as a cost of finance that should not form part of assessable value when legitimately available and evidenced prior to removal. en-us Sun, 03 Feb 2013 23:36:17 +0530 Thu, 23 Jan 2025 15:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5270 Cash discount is allowable as a deduction from assessable value if actually passed on to the buyer, given under terms of sale or trade practice known before removal, and applicable in principal-to-principal transactions; case law treats cash discount as a cost of finance that should not form part of assessable value when legitimately available and evidenced prior to removal. Discussion-Forum Central Excise Sun, 03 Feb 2013 23:36:17 +0530 https://www.taxtmi.com/forum/issue?id=5270