https://www.taxtmi.com/caselaws?id=102591 Excess freight and insurance charges collected by an assessee are not includible in assessable value under Section 4 of the Central Excise and Salt Act, 1944 unless the department establishes that the excess forms part of the price of the goods. The Tribunal treated excise as a levy on manufacture, not on profit earned from transportation, and found no evidence that the excess freight represented any component of goods value. The point was also considered covered by earlier decisions and the departmental circular distinguishing excise assessable value from F.O.B. value for customs and export incentive purposes, so the departmental appeal failed. en-us Fri, 11 Jun 1999 00:00:00 +0530 Wed, 15 Feb 2012 14:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102591 Excess freight and insurance charges collected by an assessee are not includible in assessable value under Section 4 of the Central Excise and Salt Act, 1944 unless the department establishes that the excess forms part of the price of the goods. The Tribunal treated excise as a levy on manufacture, not on profit earned from transportation, and found no evidence that the excess freight represented any component of goods value. The point was also considered covered by earlier decisions and the departmental circular distinguishing excise assessable value from F.O.B. value for customs and export incentive purposes, so the departmental appeal failed. Case-Laws Central Excise Fri, 11 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102591