https://www.taxtmi.com/caselaws?id=167627 A 30% quantity discount was deductible in assessing value because the price lists were approved under section 4(1)(a), the same discount was extended on identical terms to other buyers, and the related-persons objection was neither pleaded in the notice nor tested against section 4(4)(c). The earlier demand was time-barred because the relevant period had ended before the notice, while returns, gate passes, and approved price lists were already available to departmental officers; any short levy arose from failure to verify the discount position before approval. Confirmation under Rule 10A was therefore not sustainable. en-us Wed, 04 Jan 1978 00:00:00 +0530 Sat, 27 Dec 2014 11:08:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167627 A 30% quantity discount was deductible in assessing value because the price lists were approved under section 4(1)(a), the same discount was extended on identical terms to other buyers, and the related-persons objection was neither pleaded in the notice nor tested against section 4(4)(c). The earlier demand was time-barred because the relevant period had ended before the notice, while returns, gate passes, and approved price lists were already available to departmental officers; any short levy arose from failure to verify the discount position before approval. Confirmation under Rule 10A was therefore not sustainable. Case-Laws Central Excise Wed, 04 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167627