1997 (3) TMI 431

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..... for the Respondent. [Order per : G.A. Brahma Deva, Member (J)]. - This appeal is filed by the assessees against the impugned order dated 22-9-1988 passed by the Collector of Central Excise (Appeals ), Madras. 2. Shri C. Chidambaram, learned Consultant, appearing for the appellants submitted that dispute is in respect of cash discount. He said that cash discount at 7% was normally allowed .....

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..... educted from the sale price if such discount as known to the purchaser at or prior to the removal of goods. In the instant case, the price list prepared by the respondent disclosed that the particular percentage of the total price will be allowed as discount if the payment is made in cash or within certain time. It should, therefore, be taken that the purchasers were aware of the said discount all .....

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