https://www.taxtmi.com/caselaws?id=42657 The Court dismissed the appeal by the assessee, a public limited company manufacturing paper and paperboards, regarding the valuation of excisable goods under the Central Excises Act. The Court upheld that only normal trade discounts to purchasers qualify for deduction in excise duty valuation, not commissions to selling agents. It clarified that if the purchaser named in the invoice is the same as the Indentor, trade discounts to the Indentor would be allowed as a deduction. The appellant was directed to pay the costs of the appeal to the respondent. en-us Tue, 13 Feb 1990 00:00:00 +0530 Tue, 22 Jul 2014 08:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42657 The Court dismissed the appeal by the assessee, a public limited company manufacturing paper and paperboards, regarding the valuation of excisable goods under the Central Excises Act. The Court upheld that only normal trade discounts to purchasers qualify for deduction in excise duty valuation, not commissions to selling agents. It clarified that if the purchaser named in the invoice is the same as the Indentor, trade discounts to the Indentor would be allowed as a deduction. The appellant was directed to pay the costs of the appeal to the respondent. Case-Laws Central Excise Tue, 13 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42657