https://www.taxtmi.com/caselaws?id=1179 The Tribunal held that freight and transit insurance charges undertaken by the appellants for their customers, which were subsequently reimbursed, should not be included in the assessable value. Citing precedent and contract terms indicating ownership transfer at the factory gate, the Tribunal disagreed with the Commissioner's argument based on continued ownership until installation. Relying on Supreme Court decisions and a Board's Circular, the Tribunal allowed the appeal, setting aside the Commissioner's order and granting relief to the appellants. en-us Fri, 14 Oct 2005 00:00:00 +0530 Mon, 14 Apr 2008 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1179 The Tribunal held that freight and transit insurance charges undertaken by the appellants for their customers, which were subsequently reimbursed, should not be included in the assessable value. Citing precedent and contract terms indicating ownership transfer at the factory gate, the Tribunal disagreed with the Commissioner's argument based on continued ownership until installation. Relying on Supreme Court decisions and a Board's Circular, the Tribunal allowed the appeal, setting aside the Commissioner's order and granting relief to the appellants. Case-Laws Central Excise Fri, 14 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1179