https://www.taxtmi.com/caselaws?id=124096 Amounts collected from customers towards breakage and insurance charges were held not to form part of the excisable assessable value where they represented transit-related reimbursement and not the cost of the goods. The analysis drew a distinction between actual expenses incurred for loss or damage during transit and amounts recovered under the guise of transportation or insurance charges as part of value. On the facts, even any excess recovery over actual expenditure was not includible unless shown to be part of the goods' cost, so the revenue's challenge failed. en-us Thu, 27 Mar 2008 00:00:00 +0530 Tue, 25 Sep 2012 14:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124096 Amounts collected from customers towards breakage and insurance charges were held not to form part of the excisable assessable value where they represented transit-related reimbursement and not the cost of the goods. The analysis drew a distinction between actual expenses incurred for loss or damage during transit and amounts recovered under the guise of transportation or insurance charges as part of value. On the facts, even any excess recovery over actual expenditure was not includible unless shown to be part of the goods' cost, so the revenue's challenge failed. Case-Laws Central Excise Thu, 27 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124096