https://www.taxtmi.com/caselaws?id=116476 Differential railway freight reimbursed from the Oil Pool Account under an administered price mechanism was not includible in the assessable value for central excise duty. The governing circular, issued on the basis of legal advice, clarified that such Oil Pool Account contributions could not be added to dutiable value where the reimbursement was not paid by the buyer as part of the price of the goods. On that basis, the differential freight was excluded from valuation, and the connected demand, penalty, and interest did not survive. en-us Mon, 18 Jul 2005 00:00:00 +0530 Tue, 12 Jun 2012 18:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116476 Differential railway freight reimbursed from the Oil Pool Account under an administered price mechanism was not includible in the assessable value for central excise duty. The governing circular, issued on the basis of legal advice, clarified that such Oil Pool Account contributions could not be added to dutiable value where the reimbursement was not paid by the buyer as part of the price of the goods. On that basis, the differential freight was excluded from valuation, and the connected demand, penalty, and interest did not survive. Case-Laws Central Excise Mon, 18 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116476