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2017 (2) TMI 1060 - CESTAT MUMBAIValuation - freight - job work - Held that: - except conversion charges all the elements including freight stand included in the value of the raw material cost. Therefore, the said price is clearly landed price of the raw material in the hands of respondent. For, this reason also, no further addition is required to be made such as freight in the assessable value of the respondent s product - there is no doubt that even though the freight was paid by M/s TISCO, since invoice does not show freight separately, the freight is deemed to be included in the invoice value. Therefore, the proposal to add the freight amount over and above the invoice value of the raw material is not based on evidence - appeal dismissed - decided against Revenue.
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