https://www.taxtmi.com/caselaws?id=278753 The Tribunal allowed the appeal in favor of the appellants, setting aside the duty demand and penalty imposed under Section 11AC of the Central Excise Act, 1944. The Tribunal relied on a Supreme Court decision in Escorts JCB Ltd. v. CCE, Delhi, which held that the manufacturer's factory premises should be considered the place of removal for assessing the value of goods. This decision overturned the lower authority's inclusion of freight and insurance charges in the assessable value, emphasizing the significance of the place of removal in excise duty calculations. en-us Fri, 05 Mar 2004 00:00:00 +0530 Tue, 19 Feb 2019 17:09:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278753 The Tribunal allowed the appeal in favor of the appellants, setting aside the duty demand and penalty imposed under Section 11AC of the Central Excise Act, 1944. The Tribunal relied on a Supreme Court decision in Escorts JCB Ltd. v. CCE, Delhi, which held that the manufacturer's factory premises should be considered the place of removal for assessing the value of goods. This decision overturned the lower authority's inclusion of freight and insurance charges in the assessable value, emphasizing the significance of the place of removal in excise duty calculations. Case-Laws Central Excise Fri, 05 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278753