https://www.taxtmi.com/caselaws?id=384680 The tribunal ruled in favor of the appellant, setting aside the impugned order, and allowed the appeal. It determined that cash discounts declared on invoices, though not availed by the buyer, should be deducted from the sale price to accurately ascertain the value of excisable goods. This decision aligned with the precedent established in the Purolators India Ltd case, emphasizing that the transaction value must be determined at the time of clearance, and any agreed price, including cash discounts, should be considered in this determination. en-us Wed, 14 Aug 2019 00:00:00 +0530 Mon, 11 Nov 2024 16:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384680 The tribunal ruled in favor of the appellant, setting aside the impugned order, and allowed the appeal. It determined that cash discounts declared on invoices, though not availed by the buyer, should be deducted from the sale price to accurately ascertain the value of excisable goods. This decision aligned with the precedent established in the Purolators India Ltd case, emphasizing that the transaction value must be determined at the time of clearance, and any agreed price, including cash discounts, should be considered in this determination. Case-Laws Central Excise Wed, 14 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384680