1998 (5) TMI 258 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi upheld the deduction of cash discount by the respondent, even though it was given to buyers who did not meet the payment condition. The Tribunal ruled that since the discount was known to the trade and available to all buyers who satisfied the condition, it was admissible for deduction. The department's challenge was dismissed.