https://www.taxtmi.com/caselaws?id=236628 The appellate tribunal ruled in favor of the appellant, a 100% EOU, in a case concerning duty payment on damaged goods. The tribunal held that the insurance claim amount received for the damaged goods should not be added to the assessable value for duty calculation. As the duty was already paid based on the selling value of the damaged goods, there was no legal basis to include the insurance claim amount. The decision highlights the necessity to assess duty on damaged goods based on their actual selling value and not on additional insurance claim amounts. en-us Wed, 01 May 2013 00:00:00 +0530 Wed, 06 Nov 2013 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236628 The appellate tribunal ruled in favor of the appellant, a 100% EOU, in a case concerning duty payment on damaged goods. The tribunal held that the insurance claim amount received for the damaged goods should not be added to the assessable value for duty calculation. As the duty was already paid based on the selling value of the damaged goods, there was no legal basis to include the insurance claim amount. The decision highlights the necessity to assess duty on damaged goods based on their actual selling value and not on additional insurance claim amounts. Case-Laws Central Excise Wed, 01 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236628