https://www.taxtmi.com/caselaws?id=47230 Differential pricing under the proviso to Section 4(1)(a)(i) of the Central Excises and Salt Act, 1944 is available only if the assessee proves that the lower price reflects the normal practice of wholesale trade in the relevant goods and that the concession is applied to different classes of buyers on a rational, identifiable commercial basis. Mere absence of extra-commercial consideration is insufficient. The Court also required satisfactory material showing the prevalence of the discount practice and a legitimate basis for the buyer classification. On the record, those elements were not established, so the claimed valuation benefit was denied and the classification was held impermissible. en-us Mon, 07 Mar 2005 00:00:00 +0530 Mon, 16 Jun 2014 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47230 Differential pricing under the proviso to Section 4(1)(a)(i) of the Central Excises and Salt Act, 1944 is available only if the assessee proves that the lower price reflects the normal practice of wholesale trade in the relevant goods and that the concession is applied to different classes of buyers on a rational, identifiable commercial basis. Mere absence of extra-commercial consideration is insufficient. The Court also required satisfactory material showing the prevalence of the discount practice and a legitimate basis for the buyer classification. On the record, those elements were not established, so the claimed valuation benefit was denied and the classification was held impermissible. Case-Laws Central Excise Mon, 07 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47230