https://www.taxtmi.com/caselaws?id=1435 Freight collected from buyers in excess of the agreed contractual freight was treated as transportation profit and not as part of the assessable value for central excise purposes. The governing principle applied was that excise duty is levied on manufacture, not on post-manufacture profit from freight collection. The fact that the matter did not strictly involve equalized freight did not alter the result. Excess freight was therefore excluded from assessable value, and the departmental challenge failed. en-us Thu, 02 Nov 2006 00:00:00 +0530 Mon, 14 Apr 2008 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1435 Freight collected from buyers in excess of the agreed contractual freight was treated as transportation profit and not as part of the assessable value for central excise purposes. The governing principle applied was that excise duty is levied on manufacture, not on post-manufacture profit from freight collection. The fact that the matter did not strictly involve equalized freight did not alter the result. Excess freight was therefore excluded from assessable value, and the departmental challenge failed. Case-Laws Central Excise Thu, 02 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1435