https://www.taxtmi.com/caselaws?id=40507 A 10% discount allowed to a purchaser was treated as genuine for valuation under section 4 of the Central Excises and Salt Act, 1944. The comparison between direct sales and sales routed through the distributor was rejected because the goods sold through the two channels were of different specifications, making the pricing comparison unreliable. The contract price was also lower than the price offered to distributors or selling agents, and the discount was not found to be excessive or an undue consequential benefit. On that basis, the discount was accepted and the challenge to the assessment basis failed. en-us Tue, 08 Nov 1977 00:00:00 +0530 Mon, 10 May 2010 10:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40507 A 10% discount allowed to a purchaser was treated as genuine for valuation under section 4 of the Central Excises and Salt Act, 1944. The comparison between direct sales and sales routed through the distributor was rejected because the goods sold through the two channels were of different specifications, making the pricing comparison unreliable. The contract price was also lower than the price offered to distributors or selling agents, and the discount was not found to be excessive or an undue consequential benefit. On that basis, the discount was accepted and the challenge to the assessment basis failed. Case-Laws Central Excise Tue, 08 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40507