https://www.taxtmi.com/caselaws?id=375612 The Tribunal ruled in favor of the appellant, a manufacturer of writing and printing paper, in a case involving the interpretation of transaction value under the Central Excise Act, 1994. The Tribunal held that the cash discount not availed by buyers should be included in the assessable value of goods for excise duty purposes. It was determined that the discounted price, even if not paid at the time of sale, should be deducted from the sale price to ascertain the value of excisable goods, following the precedent set by the Supreme Court. en-us Thu, 21 Feb 2019 00:00:00 +0530 Fri, 22 Feb 2019 08:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375612 The Tribunal ruled in favor of the appellant, a manufacturer of writing and printing paper, in a case involving the interpretation of transaction value under the Central Excise Act, 1994. The Tribunal held that the cash discount not availed by buyers should be included in the assessable value of goods for excise duty purposes. It was determined that the discounted price, even if not paid at the time of sale, should be deducted from the sale price to ascertain the value of excisable goods, following the precedent set by the Supreme Court. Case-Laws Central Excise Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375612