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2015 (9) TMI 1023 - AT - Central ExciseValuation of goods – Deduction of freight from the assessable value - Held that:- freight shown in the invoices in addition to basic price of the goods. It is clear from the terms of the bid documents also that basic price and other components have to be indicated separately. Therefore, there is no dispute that basic price and the freight components are clearly indicated separately in the invoices and therefore criterion i.e. cost of transportation should be in addition to the basic price of the goods stand fulfilled. Since Revenue could not bring any material on record that the freight equated or actual, we have no option except to agree with the Ld. Counsel and also it can be seen from the amount of transportation shown in the invoices that the same is actual. - appellant are entitled for deduction of cost of transportation from the value of the goods hence the impugned order is not sustainable. – Decided in favour of assessee.
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