https://www.taxtmi.com/caselaws?id=186614 Cenvat credit on outward goods transportation service is not admissible unless the transportation charges form part of the assessable value and the prescribed conditions for outward transportation credit are satisfied. The applicable circular requires, among other things, that the assessee retain ownership of the goods and bear insurance and related charges. As the transportation charges were not included in the assessable value of the goods sold, the essential condition for credit was not met, and denial of Cenvat credit was upheld. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 24 Sep 2016 09:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186614 Cenvat credit on outward goods transportation service is not admissible unless the transportation charges form part of the assessable value and the prescribed conditions for outward transportation credit are satisfied. The applicable circular requires, among other things, that the assessee retain ownership of the goods and bear insurance and related charges. As the transportation charges were not included in the assessable value of the goods sold, the essential condition for credit was not met, and denial of Cenvat credit was upheld. Case-Laws Service Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186614