https://www.taxtmi.com/caselaws?id=445267 The Tribunal allowed the appeal against the Order-in-Appeal, which had upheld the duty demand on the insurance amount collected from customers. It concluded that the assessable value of goods should not include the insurance amount, referencing prior decisions in the appellant's case and a SC ruling in M/s Baroda Electric Meters Ltd. Vs CCE. The Tribunal determined that excise duty is a tax on the manufacturer, not on profits from transportation, granting the appellant consequential relief. en-us Mon, 16 Oct 2023 00:00:00 +0530 Sat, 04 Nov 2023 09:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445267 The Tribunal allowed the appeal against the Order-in-Appeal, which had upheld the duty demand on the insurance amount collected from customers. It concluded that the assessable value of goods should not include the insurance amount, referencing prior decisions in the appellant's case and a SC ruling in M/s Baroda Electric Meters Ltd. Vs CCE. The Tribunal determined that excise duty is a tax on the manufacturer, not on profits from transportation, granting the appellant consequential relief. Case-Laws Central Excise Mon, 16 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445267