https://www.taxtmi.com/caselaws?id=306527 The Appellate Tribunal CESTAT HYDERABAD ruled in favor of the appellant, a cement manufacturer, regarding the inclusion of transportation costs in the assessable value of goods sold on FOR destination basis. The Tribunal held that the place of removal for excise duty valuation is the seller's premises, not the buyer's, following Supreme Court precedent. Therefore, excise duty cannot be levied on transportation costs to the buyer's premises. The Tribunal set aside the demands and impugned orders, likely including associated penalties under Rule 23(1)(a) of the Central Excise Rules, 2002. en-us Tue, 03 Mar 2020 00:00:00 +0530 Tue, 07 Feb 2023 10:09:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306527 The Appellate Tribunal CESTAT HYDERABAD ruled in favor of the appellant, a cement manufacturer, regarding the inclusion of transportation costs in the assessable value of goods sold on FOR destination basis. The Tribunal held that the place of removal for excise duty valuation is the seller's premises, not the buyer's, following Supreme Court precedent. Therefore, excise duty cannot be levied on transportation costs to the buyer's premises. The Tribunal set aside the demands and impugned orders, likely including associated penalties under Rule 23(1)(a) of the Central Excise Rules, 2002. Case-Laws Central Excise Tue, 03 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306527