CESTAT declares Cross-Model Discount Utilisation Inadmissible, Rules in Favour of Toyota Ltd due to Time-

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that cross-model discount utilization by Toyota Ltd. was inadmissible due to a time-barred excise demand. The tribunal found that the discount scheme, which allowed adjustments across different models, did not comply with excise rules. Toyota's attempt to apply discounts from one model to another led to disputes with the excise authorities, who challenged the practice as non-compliant. The tribunal's decision emphasized adherence to time limits for raising such demands, ruling in favor of Toyota based on procedural grounds rather than the substance of the discount policy itself.