Assessable value: freight and transit insurance included only up to the contractual place of removal. Inclusion of freight and insurance in the excise assessable value is determined by the contractual place of removal and terms of sale: charges up to the point where title passes (factory gate or depot as the agreed place of sale) are includible; charges for delivery beyond that point are not; transit insurance does not alone determine ownership.
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Provisions expressly mentioned in the judgment/order text.
Assessable value: freight and transit insurance included only up to the contractual place of removal.
Inclusion of freight and insurance in the excise assessable value is determined by the contractual place of removal and terms of sale: charges up to the point where title passes (factory gate or depot as the agreed place of sale) are includible; charges for delivery beyond that point are not; transit insurance does not alone determine ownership.
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