https://www.taxtmi.com/caselaws?id=209195 The appellate tribunal upheld the Commissioner's decision in the case regarding the valuation of excisable goods sold by M/s.Kaycee Industries Ltd. The tribunal agreed that the terms of sale were 'ex-works,' indicating delivery at the factory gate, making the freight and insurance charges unnecessary to include in the assessable value. Relying on legal precedents like Escorts JCB Ltd. and Prabhat Zarda, the tribunal concluded that ownership of goods and delivery to the carrier at the factory gate constituted delivery to the buyer. As a result, the tribunal dismissed the appeal, affirming the lower appellate authority's ruling. en-us Tue, 22 Feb 2011 00:00:00 +0530 Fri, 26 Jul 2013 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209195 The appellate tribunal upheld the Commissioner's decision in the case regarding the valuation of excisable goods sold by M/s.Kaycee Industries Ltd. The tribunal agreed that the terms of sale were 'ex-works,' indicating delivery at the factory gate, making the freight and insurance charges unnecessary to include in the assessable value. Relying on legal precedents like Escorts JCB Ltd. and Prabhat Zarda, the tribunal concluded that ownership of goods and delivery to the carrier at the factory gate constituted delivery to the buyer. As a result, the tribunal dismissed the appeal, affirming the lower appellate authority's ruling. Case-Laws Central Excise Tue, 22 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209195