https://www.taxtmi.com/caselaws?id=762946 CESTAT Ahmedabad set aside duty demand on cash discount declared in invoice. Following SC precedent in Purolator India Limited and tribunal's own decision in Gujarat Guardian Ltd case, held that cash discount contained in sale agreement between parties must be deducted from sale price to determine excisable goods value at clearance time, regardless of whether discount was actually availed by buyer. Issue no longer res integra. Appeal allowed, impugned order set aside. en-us Wed, 04 Dec 2024 00:00:00 +0530 Tue, 10 Dec 2024 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762946 CESTAT Ahmedabad set aside duty demand on cash discount declared in invoice. Following SC precedent in Purolator India Limited and tribunal's own decision in Gujarat Guardian Ltd case, held that cash discount contained in sale agreement between parties must be deducted from sale price to determine excisable goods value at clearance time, regardless of whether discount was actually availed by buyer. Issue no longer res integra. Appeal allowed, impugned order set aside. Case-Laws Central Excise Wed, 04 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762946