2005 (9) TMI 434

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ri J. Shankaraman, Advocate, for the Respondent. [Order per : P.G. Chacko, Member (J)]. -  The short issue arising from this appeal of the Revenue is whether cash discount given by the respondents to their customers as an incentive for prompt payment of sale price of goods was deductible from the assessable value of the goods for the purpose of Section 4 of the Central Excise Act. The O....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ook note of Order-in-Appeal No. 741/96, dated 18-11-1996 passed by the Commissioner of Central Excise (Appeals), Trichy, which had been relied upon by the assessee in their memorandum of cross-objection. He followed the said Order-in-Appeal and held against the Revenue. 2. After hearing both sides, we notice that the appeals filed by the department against Order-in-Appeal No. 741/96, dated....