https://www.taxtmi.com/caselaws?id=40657 The court dismissed the appeal filed by the Excise authorities, upholding the judgment that quashed the Notices of Demand and the impugned orders. The court emphasized that the excise duty should be based on the wholesale cash price, inclusive of trade discounts, and that the demands for additional duty were time-barred and invalid. The deductions for trade discount, onward freight allowance, and special rebate were found to be genuine and permissible under Section 4 of the Act. The appeal was dismissed with costs quantified at Rs. 500/-. en-us Thu, 09 Feb 1978 00:00:00 +0530 Wed, 12 May 2010 18:54:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40657 The court dismissed the appeal filed by the Excise authorities, upholding the judgment that quashed the Notices of Demand and the impugned orders. The court emphasized that the excise duty should be based on the wholesale cash price, inclusive of trade discounts, and that the demands for additional duty were time-barred and invalid. The deductions for trade discount, onward freight allowance, and special rebate were found to be genuine and permissible under Section 4 of the Act. The appeal was dismissed with costs quantified at Rs. 500/-. Case-Laws Central Excise Thu, 09 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40657