https://www.taxtmi.com/article/detailed?id=6421 Valuation under amended excise law is transaction-specific and determined at the time of removal; transaction value is the agreed contractual price. Cash discounts that are agreed and known at or before clearance, being part of the sale agreement, affect the price payable at removal and must be deducted from the sale price to arrive at the assessable value of excisable goods. en-us Thu, 03 Sep 2015 07:40:50 +0530 Thu, 03 Sep 2015 07:40:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6421 Valuation under amended excise law is transaction-specific and determined at the time of removal; transaction value is the agreed contractual price. Cash discounts that are agreed and known at or before clearance, being part of the sale agreement, affect the price payable at removal and must be deducted from the sale price to arrive at the assessable value of excisable goods. Articles Central Excise Thu, 03 Sep 2015 07:40:50 +0530 https://www.taxtmi.com/article/detailed?id=6421