Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2012 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (9) TMI 600 - AT - Central ExciseDemand of differential duty - additional income shown by the Respondent Assessee in the Balance Sheet arising out of the transportation charges/freight charges – Sales to Government/Semi-Government organizations were effected as per DGS&D rate contract, where price of the goods is exclusive of freight charges, and terms of delivery of the goods include both the terms - ‘freight to pay’ and ‘pre-paid freight’ with a provision to realize cost of transportation through commercial invoices - Held that:- DGS&D rate contract is ascertainable ex-factory price, and extra realization on account of freight has come out as profit on such account, which cannot form part of assessable value - demand of differential duty is not sustainable.
|