1996 (7) TMI 278

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..... espondent. [Order per : Justice U.L. Bhat, President]. Shri L.K. Modi, Accounts Officer of the appellants sought adjournment on the ground that the concerned member of the staff is not available today. We do not think this is an adequate ground for adjournment. We have heard appellants representative as well as Shri Vijay Singh, SDR. 2. Appellants imported a consignment of 1500 M.T. o .....

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..... effectively by deducting the price of 2 Kgs. of the material. The memorandum of appeal gives two reasons : The first reason is that since resin has water content, there may be evaporation during the transit and storage and the reduction of price of 2 Kgs. of drum is to set off the loss by evaporation. The second reason urged is that the Brazilean authorities do not allow price reduction after the .....

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..... sible to treat the reduction in invoice price as discount. That is because, according to the contract entered into between the parties, the appellants had already given discount of US $ 64 per tonne. The price shown in the invoice was the discounted price. The reduction cannot also be treated as price reduction available to all customers. In the circumstances, we find no ground to interfere and ac .....

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