https://www.taxtmi.com/caselaws?id=245512 The Tribunal granted the applicant's request for a total waiver of the pre-deposit of duty and penalty amounting to Rs.5.25 Crores imposed under Section 11AC of the Central Excise Act, 1944. The key issue was whether freight charges incurred in transferring hazardous chemicals to the buyer's premises should be included in the assessable value of finished goods. Relying on precedents and legal provisions, the Tribunal held that even if freight charges are separately shown in invoices, they should not be added to the assessable value. As the applicant consistently displayed ex-factory price and freight charges separately, the waiver was granted, and recovery stayed pending appeal. en-us Tue, 18 Feb 2014 00:00:00 +0530 Tue, 01 Apr 2014 15:29:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245512 The Tribunal granted the applicant's request for a total waiver of the pre-deposit of duty and penalty amounting to Rs.5.25 Crores imposed under Section 11AC of the Central Excise Act, 1944. The key issue was whether freight charges incurred in transferring hazardous chemicals to the buyer's premises should be included in the assessable value of finished goods. Relying on precedents and legal provisions, the Tribunal held that even if freight charges are separately shown in invoices, they should not be added to the assessable value. As the applicant consistently displayed ex-factory price and freight charges separately, the waiver was granted, and recovery stayed pending appeal. Case-Laws Central Excise Tue, 18 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245512