https://www.taxtmi.com/caselaws?id=50387 Free allotment of goods manufactured by the assessee to dealers was treated as admissible trade discount under section 4 because the discount was supported by circulars and chartered accountant's certificates and was granted uniformly, making it a quantity discount in kind. By contrast, the cost of goods not manufactured by the assessee, including cosmetics and similar items given as sales-promotion incentives, was not excludible from assessable value. The broader objection relating to damaged-display goods did not defeat the manufactured-goods discount, but the exclusion for non-manufactured goods was sustained. en-us Mon, 03 Apr 2000 00:00:00 +0530 Sat, 21 Aug 2010 13:41:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50387 Free allotment of goods manufactured by the assessee to dealers was treated as admissible trade discount under section 4 because the discount was supported by circulars and chartered accountant's certificates and was granted uniformly, making it a quantity discount in kind. By contrast, the cost of goods not manufactured by the assessee, including cosmetics and similar items given as sales-promotion incentives, was not excludible from assessable value. The broader objection relating to damaged-display goods did not defeat the manufactured-goods discount, but the exclusion for non-manufactured goods was sustained. Case-Laws Central Excise Mon, 03 Apr 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50387