Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 1362 - AT - Central ExciseValuation - inclusion of excess amount alleged to have been recovered from the buyer than the actual freight incurred in the accessable value - Held that:- It has been held in the case of INDIAN OXYGEN LTD. VERSUS COLLECTOR OF CE [1988 (7) TMI 58 - SUPREME COURT OF INDIA] by the Hon’ble Supreme Court that even if the excess amount is released on the account of freight from the buyers it cannot be part of the excessable value under Rule 5 of CVR-2000. The excess amount of freight realized is not required to be added for the purpose of computation of excisable value for the payment of Central Excise duty - appeal allowed - decided in favor of appellant.
|