https://www.taxtmi.com/caselaws?id=388582 Where goods were cleared on ex-factory terms and transportation and transit insurance were separately recovered, post-removal freight and insurance were held not includible in the assessable value for excise duty. The Tribunal applied the settled valuation principle that the place of removal remains the factory gate or other contractually relevant point, and that expenses incurred after removal do not form part of transaction value when the sale and transit arrangements are distinct. Delivery to the carrier could amount to delivery to the buyer, so the separate recovery of transit charges did not alter their excludibility. en-us Fri, 15 Nov 2019 00:00:00 +0530 Tue, 19 Nov 2019 10:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388582 Where goods were cleared on ex-factory terms and transportation and transit insurance were separately recovered, post-removal freight and insurance were held not includible in the assessable value for excise duty. The Tribunal applied the settled valuation principle that the place of removal remains the factory gate or other contractually relevant point, and that expenses incurred after removal do not form part of transaction value when the sale and transit arrangements are distinct. Delivery to the carrier could amount to delivery to the buyer, so the separate recovery of transit charges did not alter their excludibility. Case-Laws Central Excise Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388582