1996 (9) TMI 296

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..... Justice U.L. Bhat, President]. Appellants are engaged in the manufacture of HAF Carbon Black. Price list in Part-II on the basis of contract entered into between the appellants and the M/s. M.R.F., Kotayam was filed on 12-11-1984 to take effect from 1-11-1984. Price declared was Rs. 14,000/- per metric ton. Price list showed discount of Rs. 700/- per MT was to be given as agreed upon. Price .....

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..... y the Collector (Appeals), the present appeal has been filed. 2. The Department has no case that credit note was a manipulation or that the cheque had not been issued or encashed. The passing of the credit note and the actual refund of the discount amount is not disputed. Hence it is clear that discount was actually granted though the actual payment was postponed. We see no reason why it should .....

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