https://www.taxtmi.com/caselaws?id=218244 The case involved a dispute over the assessable value of yarn manufacturers' goods, focusing on the inclusion of freight and insurance charges in sales. The Tribunal clarified that excise duty is not applicable on freight collected for transportation from depot to customers, emphasizing the value at the depot during clearance from the factory. It highlighted past judgments rejecting Revenue's challenges on including equalized freight in assessable value, requiring evidence that the value of goods was collected as freight. The Tribunal ruled in favor of the appellant, stating that excise duty cannot be levied on freight charges, and granted relief by waiving pre-deposit of dues during the appeal process. en-us Wed, 15 Feb 2012 00:00:00 +0530 Mon, 15 Oct 2012 18:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218244 The case involved a dispute over the assessable value of yarn manufacturers' goods, focusing on the inclusion of freight and insurance charges in sales. The Tribunal clarified that excise duty is not applicable on freight collected for transportation from depot to customers, emphasizing the value at the depot during clearance from the factory. It highlighted past judgments rejecting Revenue's challenges on including equalized freight in assessable value, requiring evidence that the value of goods was collected as freight. The Tribunal ruled in favor of the appellant, stating that excise duty cannot be levied on freight charges, and granted relief by waiving pre-deposit of dues during the appeal process. Case-Laws Central Excise Wed, 15 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218244