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2010 (9) TMI 488 - AT - Central ExciseAssessable value - Freight and insurance charges - With effect from 1-3-2003, Rule 5 of the Central Excise (Valuation) Rules, 2000 has been amended and the Explanation to the amended Rule 5 stipulates that the freight from the factory to the depot shall be included in the assessable value - “Depots and premises of consignment agents” were excluded from the definition of “place of removal” under the Central Excise Law during the period 1-7-2000 to 13-5-2003. Held that: both the impugned periods in respect of these two appeals are prior to inclusion of the premises of the consignment agents in the definition of place of removal and prior to amendment of Rule 5 of the Central Excise (Valuation) Rules - Thus, transportation and insurance charges from the factory premises to the premises of consignment agents were not includible in the assessable value during the impugned periods.
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