https://www.taxtmi.com/caselaws?id=46804 Allowable deductions for discounts and rebates in excise valuation were remitted to the assessing authority for fresh consideration in light of Supreme Court precedents, including Bombay Tyre International and Madras Rubber Factory. The Court declined to interfere with the Tribunal's order sustaining that remand. The separate question whether deductions may be averaged for assessable value was left open and was not decided at this stage; it was expressly reserved for determination by the Assistant Collector in accordance with the cited judgments and other relevant authority. en-us Tue, 31 Jul 1990 00:00:00 +0530 Sat, 24 Jul 2010 10:30:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46804 Allowable deductions for discounts and rebates in excise valuation were remitted to the assessing authority for fresh consideration in light of Supreme Court precedents, including Bombay Tyre International and Madras Rubber Factory. The Court declined to interfere with the Tribunal's order sustaining that remand. The separate question whether deductions may be averaged for assessable value was left open and was not decided at this stage; it was expressly reserved for determination by the Assistant Collector in accordance with the cited judgments and other relevant authority. Case-Laws Central Excise Tue, 31 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46804