1997 (11) TMI 159 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi heard an appeal regarding the deduction of cash discount in the assessable value. The Tribunal dismissed the appeal, stating that the allowance of cash discount should be allowed as long as it is known to the trade and available to buyers, even if not all buyers avail the discount. The appeal was dismissed based on previous decisions of High Courts and the Tribunal. (Case: Collector of Central Excise, Meerut v. Stallion Shox Ltd. - 1996 (85) E.L.T. 139)