https://www.taxtmi.com/caselaws?id=53528 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the Appellants, M/s. SICPA India Ltd., allowing the deduction of an 8% trade discount for printing inks supplied to the Bank Note Press. The Tribunal held that discounts agreed upon before or at the time of goods removal should be permissible deductions, citing relevant precedents. Despite initial rejections by lower authorities, the Tribunal differentiated the case from precedent where prices were altered post-clearance, ultimately granting the refund of excess Central Excise duty paid by the Appellants. en-us Thu, 28 Oct 2004 00:00:00 +0530 Wed, 13 Oct 2010 17:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53528 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the Appellants, M/s. SICPA India Ltd., allowing the deduction of an 8% trade discount for printing inks supplied to the Bank Note Press. The Tribunal held that discounts agreed upon before or at the time of goods removal should be permissible deductions, citing relevant precedents. Despite initial rejections by lower authorities, the Tribunal differentiated the case from precedent where prices were altered post-clearance, ultimately granting the refund of excess Central Excise duty paid by the Appellants. Case-Laws Central Excise Thu, 28 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53528