Discount on manufactured sales, invoice

There should be no problem to show discount

not any problem ,

Originally posted by : Harpreet
	There should be no problem to show discount

Agreed.

no problem                                           

It seems your product is coming under Section 4 of the CE Act i.e Transaction value.  Hence there is no problem in showing the trade discount, cash discount in the excise invoice.  These are all eligible discounts for arriving at the assessable value of the product.

rengaraj .r.k

all such discounts should be done before assesable value, as after assessable value, the duty liability is fixed and thereafter if any discount is allowed, duty can not be reduced.

thanks to all..........for replying............