https://www.taxtmi.com/caselaws?id=310685 CESTAT Mumbai allowed the appeal regarding recovery of CENVAT credit on outward freight charges for goods removed on FOR destination basis. The tribunal held that following SC decision in Roofit Industries, the place of removal is where ownership transfers from seller to buyer. For FOR destination sales, ownership transfers at delivery point, making freight charges includible in assessable value. Since appellant paid duty including freight charges up to destination delivery point, they were eligible for CENVAT credit on GTA services. The tribunal noted the referring bench failed to consider Board's 2018 clarification, making the earlier decision non-binding. en-us Wed, 19 Oct 2022 00:00:00 +0530 Tue, 07 Nov 2023 05:50:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310685 CESTAT Mumbai allowed the appeal regarding recovery of CENVAT credit on outward freight charges for goods removed on FOR destination basis. The tribunal held that following SC decision in Roofit Industries, the place of removal is where ownership transfers from seller to buyer. For FOR destination sales, ownership transfers at delivery point, making freight charges includible in assessable value. Since appellant paid duty including freight charges up to destination delivery point, they were eligible for CENVAT credit on GTA services. The tribunal noted the referring bench failed to consider Board's 2018 clarification, making the earlier decision non-binding. Case-Laws Central Excise Wed, 19 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310685