Supreme Court · 2003 INSC 168 · Decided 12 March 2003
Escorts Limited and ANR. v. Collector of Central Excise, Chandigarh
- Court
- Supreme Court of India
- Citation
- 2003 INSC 168 · [2003] 2 S.C.R. 1052
- Case number
- CIVIL APPEAL No. 12009/1995
- Decided
- 12 March 2003
- Bench
- S.S.M. QUADRI, ASHOK BHAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Central Excise Act Section 4
Headnote
Central Excise Act, 1944: c S.4(J}(d)(ii)-Excise duty-Valuation of excisable goods-Differential discount between stockists discount and sub-stockists discount passed on to stockists-Deductability of in assessing excise value of goods sold to sub- stockists-Assessee, manufacturer of parts and at 27.5% discount and 40% direct lo sub- stockists at 25% discount-Passing the differential of 2.5% on to stockists- D Notice issued to assessee lo disallow differential discount-Held, differential discount of 2. 5% passed on to area stockists by assessee was rightly disregarded as it is not
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