https://www.taxtmi.com/caselaws?id=53616 The Tribunal upheld the clearance of new excisable goods in place of defective ones but ruled that duty cannot be demanded for defective goods not cleared. The case was remanded for reevaluation of volume discount and sales tax deductions based on actual amounts. The appeal regarding cash discount was rejected, affirming the transaction value under the revised Section 4 of the Central Excise Act. The decision on penalty imposition was deferred to the Adjudicating Authority. The appeal was disposed of with instructions for reassessment of deductions and duty liability. en-us Thu, 11 Nov 2004 00:00:00 +0530 Sat, 22 Jun 2024 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53616 The Tribunal upheld the clearance of new excisable goods in place of defective ones but ruled that duty cannot be demanded for defective goods not cleared. The case was remanded for reevaluation of volume discount and sales tax deductions based on actual amounts. The appeal regarding cash discount was rejected, affirming the transaction value under the revised Section 4 of the Central Excise Act. The decision on penalty imposition was deferred to the Adjudicating Authority. The appeal was disposed of with instructions for reassessment of deductions and duty liability. Case-Laws Central Excise Thu, 11 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53616