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Central Excise - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Assessable value - deduction towards cash discount on excise ...


Excise Duty Calculation: Cash Discounts Excluded from Assessable Value, Even if Later Recovered via Debit Notes.

April 14, 2017

Case Laws     Central Excise     AT

Assessable value - deduction towards cash discount on excise duty payable realized back through debit notes - There will be no need to add back the discounts to the assessable value, even if the same are subsequently recovered. - AT

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