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2017 (10) TMI 1109 - AT - Central ExciseValuation - deduction of cash discount - Held that: - in appellant’s own case M/s Kisan Irrigation Ltd. Versus Commissioner of Central Excise, Indore [2016 (1) TMI 696 - CESTAT NEW DELHI], the Tribunal after relying on the decision of the Apex Court in M/s Purolator India Ltd [2015 (8) TMI 1014 - SUPREME COURT] held that such cash discount is eligible for deduction to arrive at dutiable transaction value. It is very clear that the Hon’ble Supreme Court was also dealing with a case of cash discount which was denied for deduction by the Revenue on the ground that the same was not actually passed on to the customers. In the present case also, the denial of discount for abatement from transaction value is on that ground only. Appeal allowed - decided in favor of appellant.
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