2005 (5) TMI 480

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....Advocates, for the Appellant. Shri S.S. Bhagat, DR, for the Respondent. [Order per : S.S. Sekhon, Member (T)]. -  After hearing both sides, it is found that the Show Cause Notice issued in this case, as it appears from para 7, the charge was raised on related person valuation only. The Commissioner (Appeals), after considering the submissions and the material came to the conclusion t....

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.... sale is available that should be the basis of the assessable value. That being so, this is known value for which duty should be charged even for clearance to M/s. JMPL and extra discount passed on to M/s. JMPL would not be an admissible deduction. Therefore, duty is to be charged only on that extra amount of discount which is required to be added to assessable value and it is not to be worked out....