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2009 (12) TMI 416 - AT - Central ExciseValuation - Transportation costs- Transportation cost from place of removal to place of delivery not separately charged and shown in invoice. Assessee claiming that it was mentioned separately in commercial invoice and backing it up with transporter’s bill. Held that- matter remanded for verification and deduction if claim was correct. discount on quantity, cash and turnover. It is deductible from assessable value if given under terms of sale or trade practice, known before removal of goods and actually passed on to buyer. Held that- principles valid for new section 4 of Act also. Discount permissible under amended section 4 as such deduction is in accordance with the concept of transaction value, with burden on proof being on assessee. Valuation- damage discount – it is refund/benefit to buyer on damage suffered after removal of goods from factory. Held that- it is not permissible as deduction. Valuation- Old dues from buyer- held that- these are not deductible from assessable value as there is no provision for same. Only interest on receivable is deductible.
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