https://www.taxtmi.com/circulars?id=8084 The Board withdraws its earlier instruction requiring inclusion of the cost of return fare of vehicles in assessable value, clarifying that return fare need not be added. This follows tribunal rulings that if onward freight is not includible then return freight cannot be included, and that where transaction value exists factory gate valuation is to be determined under the statute without reference to valuation rules importing such freight. Pending cases should be decided accordingly. en-us Wed, 19 May 2010 00:00:00 +0530 Thu, 20 May 2010 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8084 The Board withdraws its earlier instruction requiring inclusion of the cost of return fare of vehicles in assessable value, clarifying that return fare need not be added. This follows tribunal rulings that if onward freight is not includible then return freight cannot be included, and that where transaction value exists factory gate valuation is to be determined under the statute without reference to valuation rules importing such freight. Pending cases should be decided accordingly. Circulars Central Excise Wed, 19 May 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8084