https://www.taxtmi.com/caselaws?id=396649 Under Central Excise valuation, the assessable value is linked to the place of removal under Section 4 of the Central Excise Act, 1944. The statutory definition confines that place to the seller's premises, depot, consignment agent's premises, or another premises from which goods are sold after clearance from the factory. Applying the earlier binding view, the buyer's premises cannot be treated as the place of removal on FADS sales. Freight and transit insurance incurred from the factory to the buyer's premises are therefore not includible in the assessable value. en-us Tue, 14 Jul 2020 00:00:00 +0530 Wed, 15 Jul 2020 12:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396649 Under Central Excise valuation, the assessable value is linked to the place of removal under Section 4 of the Central Excise Act, 1944. The statutory definition confines that place to the seller's premises, depot, consignment agent's premises, or another premises from which goods are sold after clearance from the factory. Applying the earlier binding view, the buyer's premises cannot be treated as the place of removal on FADS sales. Freight and transit insurance incurred from the factory to the buyer's premises are therefore not includible in the assessable value. Case-Laws Central Excise Tue, 14 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396649