https://www.taxtmi.com/caselaws?id=342722 In depot sales, valuation under Section 4 and the valuation rules was based on the normal transaction value at which the greatest aggregate quantity was sold, so the 18.5% trade discount for stockist and sub-stockist clearances was allowable. Turnover discount was deductible only to the extent actually passed on to buyers, and the matter was remanded for verification of the supporting records on actual basis. On finalization of provisional assessment, adjustment of refund against demand was held permissible under the relevant rule, so that objection was rejected. en-us Thu, 04 May 2017 00:00:00 +0530 Wed, 10 May 2017 07:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342722 In depot sales, valuation under Section 4 and the valuation rules was based on the normal transaction value at which the greatest aggregate quantity was sold, so the 18.5% trade discount for stockist and sub-stockist clearances was allowable. Turnover discount was deductible only to the extent actually passed on to buyers, and the matter was remanded for verification of the supporting records on actual basis. On finalization of provisional assessment, adjustment of refund against demand was held permissible under the relevant rule, so that objection was rejected. Case-Laws Central Excise Thu, 04 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342722