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TMI Blog2000 (10) TMI 541X X X X Extracts X X X X X X X X Extracts X X X X ..... rder per : Gowri Shankar, Member (T)]. The question for consideration in this appeal is the eligibility to deduction from the assessable value of the goods manufactured by the appellant of various discounts. We shall discuss each of these discounts. 2. (a) Annual incentive at 7% for suiting and 4% for shirting and dress material. This incentive provides for deduction from the price of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , the discount in the present case is also entitled to deduction. (b) No goods return discount of 0.5% is given to a dealer who does not return any of the goods supplied to him for any reason. This discount has also been disallowed on the ground that it is discretionary, and it is in the nature of an incentive. Any trade discount which is known prior to removal of the goods and is given in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1989 on the price list filed by the appellant and therefore, could not be said not to have been known when the provisional assessment was finalised later. The reason for denial of this discount, this is not valid, and it is allowed. (e) The last is the discount of. 5% allowed to dealers who deal exclusively for the goods manufactured by the appellant, and did not deal in any goods manufactured ..... X X X X Extracts X X X X X X X X Extracts X X X X
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