TaxTMI 
TaxTMI 
If we have charge freight charges in our invoice which is recover from customer. We have not charge excise duty on the same.
What is impact of new definition of Place of removal under budget 2015.
Place of Removable
13 Mar 2015 
2 Replies 
1387 Views Asked by
Freight charges and assessable value: separately charged freight generally excluded, but FOR destination sales include freight.
CESTAT has held that freight charged separately in the invoice is not includible in the transaction/assessable value; Finance Bill 2015 contains no amendment to the definition of Place of Removal that changes this. However, if the sale is on FOR Destination terms, freight is part of the transaction value and would be subject to excise duty. (AI Summary)
CESTAT has held that freight charged separately in the invoice is not includible in the transaction/assessable value; Finance Bill 2015 contains no amendment to the definition of Place of Removal that changes this. However, if the sale is on FOR Destination terms, freight is part of the transaction value and would be subject to excise duty. (AI Summary)