https://www.taxtmi.com/caselaws?id=51931 The appeal was successful as the Tribunal ruled in favor of the appellants, a biscuit manufacturer, regarding the central excise duty on free supplies of biscuits. The Tribunal determined that quantity discounts, including free supplies, should be eligible for deduction in the valuation of excisable goods subject to duty based on MRP. The decision emphasized the importance of considering trade discounts and the cost structure of excisable goods when additional items are provided without a separate price. The impugned order demanding duty on free supplies of biscuits was set aside based on this interpretation. en-us Mon, 14 Jul 2003 00:00:00 +0530 Wed, 29 Sep 2010 12:31:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51931 The appeal was successful as the Tribunal ruled in favor of the appellants, a biscuit manufacturer, regarding the central excise duty on free supplies of biscuits. The Tribunal determined that quantity discounts, including free supplies, should be eligible for deduction in the valuation of excisable goods subject to duty based on MRP. The decision emphasized the importance of considering trade discounts and the cost structure of excisable goods when additional items are provided without a separate price. The impugned order demanding duty on free supplies of biscuits was set aside based on this interpretation. Case-Laws Central Excise Mon, 14 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51931