https://www.taxtmi.com/caselaws?id=363880 The Tribunal ruled in favor of the manufacturer, allowing the discounts on "Demo Cars" as permissible under the Central Excise Act. The discounts were considered part of a business policy known as "Trade Discount" and were disclosed to the Revenue, not evading duty. Citing relevant case law and emphasizing the concept of transaction value, the Tribunal set aside the impugned orders, directing the refund of deposits with interest. The decision provided relief to the manufacturer, aligning with established legal principles and precedents. en-us Thu, 07 Dec 2017 00:00:00 +0530 Thu, 19 Jul 2018 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363880 The Tribunal ruled in favor of the manufacturer, allowing the discounts on "Demo Cars" as permissible under the Central Excise Act. The discounts were considered part of a business policy known as "Trade Discount" and were disclosed to the Revenue, not evading duty. Citing relevant case law and emphasizing the concept of transaction value, the Tribunal set aside the impugned orders, directing the refund of deposits with interest. The decision provided relief to the manufacturer, aligning with established legal principles and precedents. Case-Laws Central Excise Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363880