https://www.taxtmi.com/caselaws?id=338502 The Tribunal ruled in favor of the appellant, emphasizing the need to consider total freight paid against total turnover to accurately calculate the average freight deduction from the assessable value of excisable goods. Rejecting the method of selecting cases with the lowest freight paid, the Tribunal upheld the appellant's argument based on a Chartered Accountant's certificate, determining the correct average freight at 1.95%. The decision allowed the appeal, directing the re-calculation of duty amount by deducting freight and insurance at the revised percentage. This judgment establishes a precedent for future cases involving similar disputes regarding quantification of average freight deductions. en-us Tue, 31 Jan 2017 00:00:00 +0530 Thu, 24 Aug 2017 18:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338502 The Tribunal ruled in favor of the appellant, emphasizing the need to consider total freight paid against total turnover to accurately calculate the average freight deduction from the assessable value of excisable goods. Rejecting the method of selecting cases with the lowest freight paid, the Tribunal upheld the appellant's argument based on a Chartered Accountant's certificate, determining the correct average freight at 1.95%. The decision allowed the appeal, directing the re-calculation of duty amount by deducting freight and insurance at the revised percentage. This judgment establishes a precedent for future cases involving similar disputes regarding quantification of average freight deductions. Case-Laws Central Excise Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338502