https://www.taxtmi.com/caselaws?id=277946 Discounts must be established as clear, known, and existing at the time of removal to be excluded from assessable value; post-clearance arrangements, later events, and discounts not reflected in invoices or pre-notified to buyers do not satisfy the valuation requirement. Where the record shows no verified common practice or structural policy supporting such discounts, an order based on inference and presumption cannot stand. On that basis, the valuation-based refund disallowance was held unsustainable. en-us Wed, 07 Mar 2018 00:00:00 +0530 Tue, 01 Jan 2019 06:43:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277946 Discounts must be established as clear, known, and existing at the time of removal to be excluded from assessable value; post-clearance arrangements, later events, and discounts not reflected in invoices or pre-notified to buyers do not satisfy the valuation requirement. Where the record shows no verified common practice or structural policy supporting such discounts, an order based on inference and presumption cannot stand. On that basis, the valuation-based refund disallowance was held unsustainable. Case-Laws Central Excise Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277946