Equalised freight deduction for multi factory valuations allows pro rata allocation to determine assessable value. Where freight is averaged into prices and cannot be determined product wise or factory wise in multi product, multi factory concerns, total transportation costs for the period may be aggregated, amounts attributable to exempt, non excisable and specific rated consignments excluded, and the balance allocated pro rata to assessable products (for example by weight or sale unit) as equalised freight to be deducted in arriving at the factory gate assessable value.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Equalised freight deduction for multi factory valuations allows pro rata allocation to determine assessable value.
Where freight is averaged into prices and cannot be determined product wise or factory wise in multi product, multi factory concerns, total transportation costs for the period may be aggregated, amounts attributable to exempt, non excisable and specific rated consignments excluded, and the balance allocated pro rata to assessable products (for example by weight or sale unit) as equalised freight to be deducted in arriving at the factory gate assessable value.
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