https://www.taxtmi.com/caselaws?id=170548 The Tribunal allowed the appeal by M/s. Vishal Beverages Pvt. Ltd., setting aside duty demands and waiving penalties imposed for disallowance of trade discounts in the assessable value calculation. The Tribunal ruled in favor of the appellant, emphasizing the admissibility of trade discounts based on documentary evidence and industry practices. The decision highlighted the necessity of reflecting discounts in invoices and ensuring that discounts are passed on to customers, ultimately leading to the dismissal of the departmental appeal. en-us Wed, 07 Jul 2010 00:00:00 +0530 Tue, 02 Jun 2015 11:41:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170548 The Tribunal allowed the appeal by M/s. Vishal Beverages Pvt. Ltd., setting aside duty demands and waiving penalties imposed for disallowance of trade discounts in the assessable value calculation. The Tribunal ruled in favor of the appellant, emphasizing the admissibility of trade discounts based on documentary evidence and industry practices. The decision highlighted the necessity of reflecting discounts in invoices and ensuring that discounts are passed on to customers, ultimately leading to the dismissal of the departmental appeal. Case-Laws Central Excise Wed, 07 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170548