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2011 (3) TMI 1213 - AT - Central ExciseDemand - Whether cost of transportation and insurance charges incurred on taking the goods up to the place of removal was includable in the assessable value - Held that:- As decided in Escorts JCB Ltd. Vs. CCE (2002 (10) TMI 96 - SUPREME COURT OF INDIA) it is clear that the ownership in property may not have been any relevance in so far as insurance of goods sold during transaction is concerned. It would therefore not be lawful to draw an inference of retention of ownership in the property sold by the seller merely by reason of the fact that the seller had insured such goods during transit to buyer - Decided in favor of the assessee
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