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Central Excise - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Valuation - reduction of discount which was not shown in the ...


Legal Ruling: Procedural Non-Compliance Cannot Deny Entitlement to Quantity and Turnover Discounts for Tax Valuation.

September 18, 2013

Case Laws     Central Excise     AT

Valuation - reduction of discount which was not shown in the invoices - cash discount - Only on the ground that the procedure was strictly not followed it will not be appropriate to disallow the quantity and turnover discount which the party was otherwise entitled as per law - AT

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