1997 (9) TMI 210 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi allowed the appeal filed by a soap manufacturer regarding the deduction of annual trade discount from the assessable value. The Collector (Appeals) disallowed the deduction, but the Tribunal found that the discount should be deducted as it was a known sale condition to the dealers at the time of clearance. The order of the Collector (Appeals) was set aside in this regard. The appeal was allowed. [Case: 1997 (9) TMI 210 - CEGAT, New Delhi]