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2017 (2) TMI 247 - AT - Central ExciseValuation - freight - whether the excess insurance amount towards transit insurance of the excisable goods collected by the appellant from their buyer is includible in the assessable value of the final product or otherwise? Held that: - The Hon’ble Apex Court in case of Baroda Electric Meters Ltd. Versus Collector of Central Excise [1997 (7) TMI 126 - SUPREME COURT OF INDIA] held that even if amount on account of freight collected over and above the actual freight that amount is on account of freight only and therefore the same is not includible in the assessable value - excess amount collected by the appellant on account of insurance premium is not includible in the assessable value - appeal allowed - decided in favor of appellant.
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