https://www.taxtmi.com/caselaws?id=43194 Cash discount disclosed in the price list and known to the purchaser at or before removal of the goods is an admissible deduction from the sale price for duty purposes. The principle applied is that a trade discount, including cash discount, cannot be disallowed merely because every purchaser does not avail of it, so long as the discount is available depending on the timing of payment. On that basis, the show cause notices seeking duty by rejecting the cash discount were held unsustainable and were quashed. en-us Mon, 27 Jan 1992 00:00:00 +0530 Wed, 16 Jun 2010 16:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43194 Cash discount disclosed in the price list and known to the purchaser at or before removal of the goods is an admissible deduction from the sale price for duty purposes. The principle applied is that a trade discount, including cash discount, cannot be disallowed merely because every purchaser does not avail of it, so long as the discount is available depending on the timing of payment. On that basis, the show cause notices seeking duty by rejecting the cash discount were held unsustainable and were quashed. Case-Laws Central Excise Mon, 27 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43194