https://www.taxtmi.com/caselaws?id=255131 The Tribunal allowed the appeal, setting aside the order confirming a demand with penalties. It held that the inclusion of transportation and insurance charges in the assessable value of goods was not justified based on the contract terms specifying separate charges. The Tribunal found that appropriate duty was paid on the factory gate price, making the inclusion of additional charges impermissible. As a result, the appeal was allowed in favor of the appellant, emphasizing the importance of contractual terms in determining assessable value for excise duty purposes. en-us Wed, 01 Jan 2014 00:00:00 +0530 Thu, 08 Jan 2015 18:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255131 The Tribunal allowed the appeal, setting aside the order confirming a demand with penalties. It held that the inclusion of transportation and insurance charges in the assessable value of goods was not justified based on the contract terms specifying separate charges. The Tribunal found that appropriate duty was paid on the factory gate price, making the inclusion of additional charges impermissible. As a result, the appeal was allowed in favor of the appellant, emphasizing the importance of contractual terms in determining assessable value for excise duty purposes. Case-Laws Central Excise Wed, 01 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255131