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2014 (5) TMI 678 - AT - Central ExciseValuation of goods - Inclusion of freight charges - Whether equalized freight separately charged to be included in the assessable value in case of sale on FOR destination basis for the period from July, 2000 to February, 2003 - Held that:- cost of transportation from the place of removal to the place of delivery cannot be included in the assessable value even though cost of transportation has been calculated on average basis and not on actual basis. Same finding was reflected by the Tribunal in the case of Majestic Auto Ltd. cited [2003 (6) TMI 114 - CESTAT, NEW DELHI]. We have also perused board's circular wherein it has been stated that the deductions are permissible only for the actual cost so collected from his buyers - Decided against Revenue.
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