https://www.taxtmi.com/caselaws?id=352820 The Tribunal ruled that the 1.9% discount offered by the appellant to Tata Motors was a prompt payment discount, not additional consideration, and should be deducted from the assessable value. The discount was deemed to facilitate timely payment and was reflected in the invoice, aligning with legal principles and precedents allowing prompt payment discounts as deductible under Section 4(1)(a). The Tribunal cited relevant cases to support its decision, ultimately setting aside the previous order and allowing the appeals. en-us Thu, 30 Nov 2017 00:00:00 +0530 Fri, 22 Dec 2017 08:08:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352820 The Tribunal ruled that the 1.9% discount offered by the appellant to Tata Motors was a prompt payment discount, not additional consideration, and should be deducted from the assessable value. The discount was deemed to facilitate timely payment and was reflected in the invoice, aligning with legal principles and precedents allowing prompt payment discounts as deductible under Section 4(1)(a). The Tribunal cited relevant cases to support its decision, ultimately setting aside the previous order and allowing the appeals. Case-Laws Central Excise Thu, 30 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352820