https://www.taxtmi.com/caselaws?id=189676 Freight charges and transport subsidy paid in connection with the import and delivery of coal formed part of the purchase price and assessable import value for entry tax purposes. Applying settled principles on consideration for goods and the statutory definition of import value, the Court held that expenses integrally connected with completing the purchase are includible in turnover and are not post-sale or excludible charges. Freight paid or payable, including transport-related subsidy linked to the supply chain, therefore had to be added to the tax base. The challenge to exclusion of these amounts failed. en-us Wed, 17 Feb 2016 00:00:00 +0530 Mon, 16 Jan 2017 20:58:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189676 Freight charges and transport subsidy paid in connection with the import and delivery of coal formed part of the purchase price and assessable import value for entry tax purposes. Applying settled principles on consideration for goods and the statutory definition of import value, the Court held that expenses integrally connected with completing the purchase are includible in turnover and are not post-sale or excludible charges. Freight paid or payable, including transport-related subsidy linked to the supply chain, therefore had to be added to the tax base. The challenge to exclusion of these amounts failed. Case-Laws VAT and Sales Tax Wed, 17 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189676