2015 (11) TMI 152 - SCH - Central Excise

Duty demand - Valuation - extra trade discount of 10 per cent - Held that - CESTAT has found that the respondent and the purchaser, to whom the supplies were made, are not related persons. In respect of extra trade discount of 10 per cent, the explanation given by the respondent stating that this additional 10 per cent includes an amount for holding seminars, publicity and marketing, has been accepted. - no substantial question of law is involved - Decided against Revenue.

Summary

The Supreme Court dismissed an appeal where a show cause notice was served on a respondent for an extra trade discount of 10 per cent, alleging a relationship with the purchaser. The Customs, Excise and Service Tax Appellate Tribunal found no relationship and accepted the explanation for the discount, leading to the appeal's dismissal.