https://www.taxtmi.com/caselaws?id=119622 Equalized or average freight incurred for transport from the factory gate to the place of delivery was deductible in computing assessable value where the assessee supported the claim with Chartered Accountant certificates and evidence of actual transportation cost. The accepted valuation principle allowed deduction of freight to the delivery point, and the cited line of decisions was treated as supporting the same approach even after the amended valuation rules. On those facts, the claimed abatement was admissible and there was no basis to sustain the duty demand, interest, or penalties. en-us Mon, 24 Apr 2006 00:00:00 +0530 Thu, 12 Jul 2012 12:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119622 Equalized or average freight incurred for transport from the factory gate to the place of delivery was deductible in computing assessable value where the assessee supported the claim with Chartered Accountant certificates and evidence of actual transportation cost. The accepted valuation principle allowed deduction of freight to the delivery point, and the cited line of decisions was treated as supporting the same approach even after the amended valuation rules. On those facts, the claimed abatement was admissible and there was no basis to sustain the duty demand, interest, or penalties. Case-Laws Central Excise Mon, 24 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119622