Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (8) TMI 996 - AT - Central ExciseValuation - job-worker - deduction claimed in respect of outward transportation charges freight and hundi discount given to the principal manufacturer - includibility - Whether the outward transportation charges are required to be included in the assessable value of the goods cleared by the appellant as job worker or not? - Held that: - Admittedly, the outward freight charges have been paid on the goods after the goods have been cleared from their factory - in view of the decision of the Hon ble Supreme Court in the case of Ujagar Prints, we hold that outward freight includible in the assessable value in the facts and circumstances of the case - demand set aside. Whether hundi charges given to the principal manufacturer is admissible deduction to the appellant being job worker or not? - Held that: - in an identical set of facts in the case of Indian Pistons Ltd. vs. CCE, Chennai [2007 (9) TMI 89 - CESTAT, CHENNAI], it was held that Since appellant is not involved in buyer’s settings with bank, then interest paid by buyer to bank for delay in remittances are not includible in assessable value - the hundi charges are not included in the assessable value. Appeal allowed - decided in favor of appellant.
|