https://www.taxtmi.com/caselaws?id=52275 Excise valuation cannot treat wholesale dealers in different towns or cities as different classes of buyers merely because of geographical location, so differential discounts on that basis are not sustainable where binding precedent points against the Revenue. A subsequent year's declared price reduction also cannot be rejected unless the Central Excise law contains a prohibiting provision or there is a finding that the declared price is not the normal price under Section 4(1)(a). On these principles, the Tribunal set aside the impugned orders and granted consequential relief. en-us Tue, 06 May 2003 00:00:00 +0530 Mon, 04 Oct 2010 16:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52275 Excise valuation cannot treat wholesale dealers in different towns or cities as different classes of buyers merely because of geographical location, so differential discounts on that basis are not sustainable where binding precedent points against the Revenue. A subsequent year's declared price reduction also cannot be rejected unless the Central Excise law contains a prohibiting provision or there is a finding that the declared price is not the normal price under Section 4(1)(a). On these principles, the Tribunal set aside the impugned orders and granted consequential relief. Case-Laws Central Excise Tue, 06 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52275