https://www.taxtmi.com/caselaws?id=337212 The Tribunal affirmed the inclusion of extra consideration received on transit insurance in the assessable value for excise duty calculation, as the inflated charges indicated evasion of duty. Emphasizing that excise duty is on the manufacturer, not transportation profits, the Tribunal upheld the decision based on consistent interpretation of the law and relevant precedents. The appeal was dismissed, highlighting the requirement for the price at the time of removal to be the sole consideration for sale to ensure compliance with excise duty valuation rules. en-us Tue, 20 Dec 2016 00:00:00 +0530 Fri, 24 Feb 2017 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337212 The Tribunal affirmed the inclusion of extra consideration received on transit insurance in the assessable value for excise duty calculation, as the inflated charges indicated evasion of duty. Emphasizing that excise duty is on the manufacturer, not transportation profits, the Tribunal upheld the decision based on consistent interpretation of the law and relevant precedents. The appeal was dismissed, highlighting the requirement for the price at the time of removal to be the sole consideration for sale to ensure compliance with excise duty valuation rules. Case-Laws Central Excise Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337212