https://www.taxtmi.com/caselaws?id=92925 Excise assessable value does not include the excess of equalised freight collected over actual freight incurred, because duty is chargeable on manufacture and not on the dealer's transportation profit. A fixed freight scheme may be excluded from valuation to the extent it represents genuine freight, while only the excess collection is outside the assessable value. The impugned order was set aside for not addressing binding precedents relied on by the assessee, and the appeals succeeded on that valuation principle. en-us Mon, 15 Feb 1999 00:00:00 +0530 Mon, 07 Nov 2011 11:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92925 Excise assessable value does not include the excess of equalised freight collected over actual freight incurred, because duty is chargeable on manufacture and not on the dealer's transportation profit. A fixed freight scheme may be excluded from valuation to the extent it represents genuine freight, while only the excess collection is outside the assessable value. The impugned order was set aside for not addressing binding precedents relied on by the assessee, and the appeals succeeded on that valuation principle. Case-Laws Central Excise Mon, 15 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92925