https://www.taxtmi.com/caselaws?id=325902 For excise valuation under Section 4 of the Central Excise Act, 1944, where goods are cleared from a factory to depots and no ex-factory sale price is available, assessable value is linked to the depot price prevailing at the time of removal; later depot price changes do not alter duty already crystallised at clearance. Cash discount agreed at or before clearance remains deductible from assessable value even if linked to prompt payment or commercial terms. Separately shown transportation charges from the place of removal to the place of delivery are excludible and cannot be treated as manufacturing value. The stated position rejects valuation demands based on subsequent price movements or transport-related amounts. en-us Wed, 30 Sep 2015 00:00:00 +0530 Fri, 01 Apr 2016 11:06:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325902 For excise valuation under Section 4 of the Central Excise Act, 1944, where goods are cleared from a factory to depots and no ex-factory sale price is available, assessable value is linked to the depot price prevailing at the time of removal; later depot price changes do not alter duty already crystallised at clearance. Cash discount agreed at or before clearance remains deductible from assessable value even if linked to prompt payment or commercial terms. Separately shown transportation charges from the place of removal to the place of delivery are excludible and cannot be treated as manufacturing value. The stated position rejects valuation demands based on subsequent price movements or transport-related amounts. Case-Laws Central Excise Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325902