https://www.taxtmi.com/caselaws?id=53843 The Tribunal upheld the allowance of "Industrial rebate" for valuation purposes, dismissing the Revenue's appeal. The decision was based on findings that the lower price on the invoice was the actual amount paid by the respondents, supported by explanations from suppliers that the price reduction was not specific to the respondents but extended to all customers. The Tribunal concluded that the declared value accurately reflected the price paid, rejecting the Revenue's argument against the allowance of the rebate. en-us Tue, 01 Feb 2005 00:00:00 +0530 Fri, 15 Oct 2010 15:13:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53843 The Tribunal upheld the allowance of "Industrial rebate" for valuation purposes, dismissing the Revenue's appeal. The decision was based on findings that the lower price on the invoice was the actual amount paid by the respondents, supported by explanations from suppliers that the price reduction was not specific to the respondents but extended to all customers. The Tribunal concluded that the declared value accurately reflected the price paid, rejecting the Revenue's argument against the allowance of the rebate. Case-Laws Customs Tue, 01 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53843