Trade discount is not to be added in the assessable value

Ingersoll Rand India Limited Vs C.C.E.-Ahmedabad (CESTAT Ahmedabad) CESTAT Ahmedabad held that trade discount is not includible in the assessable value hence central excise duty is not payable on the same. Facts- The appellant is manufacturer of Air Compressors, Air Motors, Spares for the Air Compressors, Bus Air Conditioning Systems and parts thereof falling under Chapter 84 of the Central Excise Tariff Act, 1985. It has been contention of the department that the appellant making clearances of the finished goods for the home consumption by two methods (i) direct sales to customers who are act...