2005 (8) TMI 547 - AT - Central Excise

Summary

The dispute is about deduction of discount. Authorities denied deduction of 'additional discount' due to non-disclosure of criteria and extent. Counsel argued that discount is indicated in the invoice at the time of sale, so non-disclosure is not an issue. Prices are negotiated for goods, leading to varying discounts. Variation in discount amount is not a valid reason to deny deduction. Requirement for pre-deposit is waived, and recovery is stayed pending appeal disposal. (Judgement by Appellate Tribunal CESTAT, New Delhi, 2005)