determination of A.V

[Ankit Agarwal]

In case of FOR sale, Will freight be included A.V for calculation of excise duty??

AI Summary

Assessable value determination: freight for FOR sales is included, therefore it increases the excise duty base under valuation rules.
Where goods are sold on FOR terms (price up to the place of destination inclusive of freight to destination), freight up to the contractual destination must be added to the assessable value and included when computing excise duty under the applicable valuation rules.