https://www.taxtmi.com/caselaws?id=189204 The Appellate Tribunal CESTAT NEW DELHI allowed the appeal, ruling in favor of the manufacturer of writing and printing paper. The recovered cash discounts need not be added back to the assessable value for excise duty calculation, following the Supreme Court's interpretation of Section 4 of the Central Excise Act. The Tribunal emphasized deducting the agreed contractual price, including known cash discounts at the time of clearance, from the sale price to determine the value of excisable goods, aligning with the Supreme Court's decision in a similar case. en-us Wed, 15 Jun 2016 00:00:00 +0530 Sat, 31 Dec 2016 13:44:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189204 The Appellate Tribunal CESTAT NEW DELHI allowed the appeal, ruling in favor of the manufacturer of writing and printing paper. The recovered cash discounts need not be added back to the assessable value for excise duty calculation, following the Supreme Court's interpretation of Section 4 of the Central Excise Act. The Tribunal emphasized deducting the agreed contractual price, including known cash discounts at the time of clearance, from the sale price to determine the value of excisable goods, aligning with the Supreme Court's decision in a similar case. Case-Laws Central Excise Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189204