https://www.taxtmi.com/caselaws?id=448484 The CESTAT Ahmedabad held that freight charges are not includible in assessable value for excise duty when goods are sold on EX-WORKS basis. The tribunal found that mutual agreement between parties established ex-factory pricing, and transfer of property occurred at factory gate despite appellant bearing insurance charges. Following Supreme Court precedent in Ispat Industries Limited, the place of removal is determined by facts, not payment of freight/insurance. The tribunal distinguished the case from Unique Structures where freight was contractually included in price. Demand was rejected and appeal allowed. en-us Thu, 18 Jan 2024 00:00:00 +0530 Fri, 19 Jan 2024 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448484 The CESTAT Ahmedabad held that freight charges are not includible in assessable value for excise duty when goods are sold on EX-WORKS basis. The tribunal found that mutual agreement between parties established ex-factory pricing, and transfer of property occurred at factory gate despite appellant bearing insurance charges. Following Supreme Court precedent in Ispat Industries Limited, the place of removal is determined by facts, not payment of freight/insurance. The tribunal distinguished the case from Unique Structures where freight was contractually included in price. Demand was rejected and appeal allowed. Case-Laws Central Excise Thu, 18 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448484