destination freight can be included in assessable value under central excise rule

[Guest]

dear experts,

pls.clarify that if we sell dutiable goods to our buyer which is at PUNE .and price term & delivery is decided on FOR.

so now making an invoice freight from removal of factory to buyer's destination will be included in assessable value and duty will be calculated on whole ass. value ..and price term & delivery. term will be disclosed as a FOR in Invoice ?

2) or we can charge separate freight in invoice after calculating Duty and price term and delivery term will be shown as a FOR in Invoice... or price term will be : exw & del. term will be : FOR.

pls. clarify how to show freight and what will be price term & delivery term to be shown in Invoice?

regards,

manan

AI Summary

Freight Charges Must Be Included in Assessable Value for Excise Duty on FOR Sales, Say Experts A discussion on a forum addresses whether freight charges should be included in the assessable value for central excise duty when goods are sold on a Free on Road (FOR) basis. The consensus among experts is that if the sale is completed at the buyer's destination, the freight charges should be included in the assessable value for excise duty calculation. This principle also applies to VAT, as freight costs are considered part of the sale price when ownership transfers upon delivery. The discussion concludes with the original poster expressing gratitude for the clarification.