https://www.taxtmi.com/forum/issue?id=109891 Whether Budget day changes in excise rate affect stock transferred goods depends on the place of removal and time of removal. If depot/selling point is the place of removal, duty and value are fixed by the depot clearance date and prevailing rate; if factory gate is treated as place/time of removal, the factory clearance date and rate govern and subsequent changes do not alter duty already paid. Statutory definitions, valuation rules, CBEC guidance and judicial authority inform this determination. en-us Wed, 17 Feb 2016 16:43:19 +0530 Thu, 23 Jan 2025 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109891 Whether Budget day changes in excise rate affect stock transferred goods depends on the place of removal and time of removal. If depot/selling point is the place of removal, duty and value are fixed by the depot clearance date and prevailing rate; if factory gate is treated as place/time of removal, the factory clearance date and rate govern and subsequent changes do not alter duty already paid. Statutory definitions, valuation rules, CBEC guidance and judicial authority inform this determination. Discussion-Forum Central Excise Wed, 17 Feb 2016 16:43:19 +0530 https://www.taxtmi.com/forum/issue?id=109891