https://www.taxtmi.com/caselaws?id=245344 The Tribunal ruled in favor of the appellants, holding that sound delivery charges, including freight and insurance expenses, should not be included in the assessable value of final products under the Central Excise Tariff Act, 1985. The Tribunal emphasized that such charges were optional, akin to insurance for breakage of goods, and should not be added to the assessable value. The Tribunal set aside the duty demand, interest, and penalties imposed by the adjudicating authority, allowing the appeal filed by the assessee and rejecting the Revenue's appeal regarding freight and insurance charges. en-us Mon, 27 Feb 2012 00:00:00 +0530 Thu, 27 Mar 2014 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245344 The Tribunal ruled in favor of the appellants, holding that sound delivery charges, including freight and insurance expenses, should not be included in the assessable value of final products under the Central Excise Tariff Act, 1985. The Tribunal emphasized that such charges were optional, akin to insurance for breakage of goods, and should not be added to the assessable value. The Tribunal set aside the duty demand, interest, and penalties imposed by the adjudicating authority, allowing the appeal filed by the assessee and rejecting the Revenue's appeal regarding freight and insurance charges. Case-Laws Central Excise Mon, 27 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245344