https://www.taxtmi.com/caselaws?id=466787 Trade discounts passed and reflected in the sale invoice at the time goods are sold from a depot reduce the price actually paid or payable and are not includible in transaction value under Section 4 read with Rule 7; Rule 7 governs valuation where goods are transferred to and sold from another place and requires valuation by reference to normal transaction value at that place, so the assessable value must exclude discounts passed at sale, permitting refund of any excess duty paid subject to factual verification and documentary proof. en-us Fri, 27 Sep 2024 00:00:00 +0530 Fri, 20 Feb 2026 08:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466787 Trade discounts passed and reflected in the sale invoice at the time goods are sold from a depot reduce the price actually paid or payable and are not includible in transaction value under Section 4 read with Rule 7; Rule 7 governs valuation where goods are transferred to and sold from another place and requires valuation by reference to normal transaction value at that place, so the assessable value must exclude discounts passed at sale, permitting refund of any excess duty paid subject to factual verification and documentary proof. Case-Laws Central Excise Fri, 27 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466787