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2015 (8) TMI 1356 - ANDHRA PRADESH HIGH COURTValuation - the expenditure incurred on account of the siding and shunting are includable in the sale price or not? - Held that: - merely because certain elements of expenditure are involved on account of the siding and shunting charges for placing the empty wagons at the filling/delivering point, the same would not form part of the freight charges. We may have to keep in focus that the entire expenditure is being incurred to enable the goods to be transported from the delivery point to the destination and incurred for the movement of the goods. Viewed from that angle, the expenditure incurred in the present case would certainly form part of the freight charges and in the facts of the present case, the contract being ex-works for refinery, Visakhapatnam and such expenditure agreed to be borne under the contract by the buyers to the buyers’ account. Thus the siding and shunting charges would not form part of the sale price and thus the Assessing officer had rightly excluded the same from the computation of the sale price - revision allowed - decided in favor of assessee.
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