https://www.taxtmi.com/article/detailed?id=6598 Factual circumstances now determine whether the buyer's premises is the place of removal; where contract terms, payment clauses and transit arrangements show title and risk remaining with the supplier until delivery and the price includes transport, freight forms part of the excise assessable value. The amended Section 4 defines transaction value and excludes separately charged transportation costs shown in invoices, making valuation disputes dependent on invoice treatment and the timing of transfer of property. en-us Wed, 23 Dec 2015 08:42:07 +0530 Wed, 23 Dec 2015 08:42:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6598 Factual circumstances now determine whether the buyer's premises is the place of removal; where contract terms, payment clauses and transit arrangements show title and risk remaining with the supplier until delivery and the price includes transport, freight forms part of the excise assessable value. The amended Section 4 defines transaction value and excludes separately charged transportation costs shown in invoices, making valuation disputes dependent on invoice treatment and the timing of transfer of property. Articles Central Excise Wed, 23 Dec 2015 08:42:07 +0530 https://www.taxtmi.com/article/detailed?id=6598