TMI BlogCredit Notes Valid for Trade Discounts in Excise Valuation: Court Confirms Indirect Discounts Admissible in Duty Calculations.Valuation - Denial of the deduction of trade discount and turnover discount - t the discounts passed on by credit notes and not shown in the invoices would be admissible. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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