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of <h1>Freight charges excluded from assessable value of explosives by CESTAT NEW DELHI</h1> <h3>COMMISSIONER OF CENTRAL EXCISE, RAIPUR Versus SPECIAL BLAST LTD.</h3> The Appellate Tribunal CESTAT NEW DELHI held that freight charges separately collected as 'to and fro' rate do not require inclusion in the assessable ... Valuation of goods - Whether freight charges, which were collected separately as “to and fro” rate are required to be added in the assessable value of the explosives manufactured by the respondent - Held that:- Following decision of Majestic Auto Ltd. v. C.C.E. [2004 (1) TMI 138 - CESTAT, NEW DELHI] - Board’s Circular No. 643/34/2002-CX., dated 1-7-2002 cannot be held to be binding on the Tribunal - Decided against Revenue. The Appellate Tribunal CESTAT NEW DELHI ruled that freight charges collected separately as 'to and fro' rate do not need to be added to the assessable value of explosives. The Tribunal decision in the case of Majestic Auto Ltd. v. C.C.E. was followed. The Revenue's appeal was rejected as they did not dispute the Tribunal's declaration of law, and the Board's Circular was not deemed binding on the Tribunal. (2014 (6) TMI 754 - CESTAT NEW DELHI)
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