1999 (5) TMI 220

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.... : C.N.B. Nair, Member (T)]. - The appellants were given a discount of 20% on the spare parts purchased by them at the time of purchasing the laminating machine. The impugned order has held the said discount not to be eligible for deduction while fixing the assessable value on the ground that the "discount offered is highly conditional in nature." The order goes on to state that even if the orde....

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....er dated 29th April, 1984 of the supplier stating that the said discount is given as a normal practice when spare parts and the machine are ordered together. She relies on the decision of the Supreme Court in Basant Industries v. Additional Collector of Customs - 1996 (81) E.L.T. 195 (S.C.) wherein the Apex Court held that lower price obtained after considerable negotiations is acceptable for the ....