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2000 (4) TMI 121
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....er : C.N.B. Nair, Member (T)]. - The Revenue is in appeal. The dispute is with regard to 2% discount given to buyers who pay in advance. It has been submitted that this discount is given only to about 85% of the buyers who pay in advance and not to the remaining 15% buyers. It has also been stated that this discount is, strictly speaking, not a cash discount which is permissible for deduction but,....
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....ference in treatment of such classes also is common in the trade. He also drew our attention to the decision of the Tribunal in the case of Collector of Central Excise, Meerut v. Stallion Shox Ltd. reported in 1996 (85) E.L.T. 139 (Tribunal) wherein the Tribunal held that cash discount is deductable even if all the customers might not have availed the benefit of the same. 3. From a perusal of t....