https://www.taxtmi.com/caselaws?id=52009 A foreign supplier's discount on imported goods was treated as a permissible commercial discount for assessable value purposes where the supplier's certificate showed similar discounts to other buyers and variation by quantity ordered. The absence of a specific discount schedule in the price list did not, by itself, justify disallowance of the deduction. The decisive enquiry was whether the discount was actually available in the ordinary course of commerce and founded on commercial considerations. As the department failed to show that the discount was abnormal or outside normal trade practice, assessable value had to be based on the invoice price. en-us Tue, 26 Aug 2003 00:00:00 +0530 Wed, 29 Sep 2010 17:29:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52009 A foreign supplier's discount on imported goods was treated as a permissible commercial discount for assessable value purposes where the supplier's certificate showed similar discounts to other buyers and variation by quantity ordered. The absence of a specific discount schedule in the price list did not, by itself, justify disallowance of the deduction. The decisive enquiry was whether the discount was actually available in the ordinary course of commerce and founded on commercial considerations. As the department failed to show that the discount was abnormal or outside normal trade practice, assessable value had to be based on the invoice price. Case-Laws Customs Tue, 26 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52009