https://www.taxtmi.com/caselaws?id=152393 The Tribunal upheld the Commissioner (Appeals)' decision to set aside duty and penalty imposed by the Original Authority. The inclusion of freight and insurance in the assessable value for ACSR Conductors supplied to UP Power Corporation Limited was contested. The Tribunal agreed with the Commissioner that in a FOR destination supply, the sale is not effected at the supplier's end, and thus, the value of freight and insurance should not be included in the assessable value. The Department's appeal was rejected, affirming the Commissioner's decision based on legal grounds and the absence of valid reasons to interfere. en-us Tue, 03 Nov 2009 00:00:00 +0530 Tue, 02 Jul 2013 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152393 The Tribunal upheld the Commissioner (Appeals)' decision to set aside duty and penalty imposed by the Original Authority. The inclusion of freight and insurance in the assessable value for ACSR Conductors supplied to UP Power Corporation Limited was contested. The Tribunal agreed with the Commissioner that in a FOR destination supply, the sale is not effected at the supplier's end, and thus, the value of freight and insurance should not be included in the assessable value. The Department's appeal was rejected, affirming the Commissioner's decision based on legal grounds and the absence of valid reasons to interfere. Case-Laws Central Excise Tue, 03 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152393