https://www.taxtmi.com/caselaws?id=388052 Freight and insurance are excluded from the assessable value where goods are sold on an ex-works basis and the price is fixed at ex-factory level. Under Section 4(1)(a) of the Central Excise Act, 1944, valuation depends on the place of removal, and the buyer's premises cannot be treated as that place merely because delivery occurs there. Freight from the factory to the buyer's premises therefore remains outside assessable value, even when separately shown in the purchase order. The resulting demand based on inclusion of freight and insurance is unsustainable. en-us Tue, 05 Nov 2019 00:00:00 +0530 Thu, 07 Nov 2019 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388052 Freight and insurance are excluded from the assessable value where goods are sold on an ex-works basis and the price is fixed at ex-factory level. Under Section 4(1)(a) of the Central Excise Act, 1944, valuation depends on the place of removal, and the buyer's premises cannot be treated as that place merely because delivery occurs there. Freight from the factory to the buyer's premises therefore remains outside assessable value, even when separately shown in the purchase order. The resulting demand based on inclusion of freight and insurance is unsustainable. Case-Laws Central Excise Tue, 05 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388052