https://www.taxtmi.com/caselaws?id=351410 Freight separately recovered in ex-warehouse sales to other oil marketing companies was excluded from assessable value because the clearances were on delivery terms and transportation cost was reimbursed separately; the demand on that count was set aside. For stock transfers to depots, valuation had to follow contemporaneous depot price principles under Rule 7, so any freight element depended on whether it was already embedded in the depot price. As the necessary factual verification had not been completed, the depot-transfer issue was remanded for de novo examination. en-us Fri, 17 Nov 2017 00:00:00 +0530 Fri, 24 Nov 2017 06:28:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351410 Freight separately recovered in ex-warehouse sales to other oil marketing companies was excluded from assessable value because the clearances were on delivery terms and transportation cost was reimbursed separately; the demand on that count was set aside. For stock transfers to depots, valuation had to follow contemporaneous depot price principles under Rule 7, so any freight element depended on whether it was already embedded in the depot price. As the necessary factual verification had not been completed, the depot-transfer issue was remanded for de novo examination. Case-Laws Central Excise Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351410