1999 (8) TMI 383

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Appellant. Shri K.M. Patwari, JDR, for the Respondent. [Order per : J.H. Joglekar, Member (T)]. -  The appellants manufactured solenoid valves. The valves were made as per the specific designs and requirements of the users. They filed price list in part II. In the part II price list trade discounts were claimed. The Assistant Collector held that part II contract prices were essentia....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....valves are supplied to certain specifications, a number of valves of each specification are manufactured. A number of such valves are sold to dealers who are entitled to discounts which are excludible when computing the assessable value. We find that the limited issue for consideration is whether the price list filed in part II can admit of the claim of deduction on account of the discounts at all....