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Central Excise - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Valuation - inclusion of value of cash discount not availed by ...


Cash Discounts Not Availed Must Be Excluded from Goods Valuation for Excise Purposes per Sale Agreement Terms.

February 22, 2019

Case Laws     Central Excise     AT

Valuation - inclusion of value of cash discount not availed by the buyers - Cash discount which is not at or prior to clearance of goods being contained in agreement of sale between assessee and buyers must, therefore, be deducted from sale price

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