https://www.taxtmi.com/caselaws?id=449574 The Tribunal upheld the decision of the Commissioner (Appeals), rejecting the Revenue's appeal. It ruled that freight charges should not be included in the transaction value for excise duty computation, as the transfer of ownership occurred at the factory gate. The Tribunal found that the transportation charges were separate from the assessable value of the goods, aligning with the Central Excise Act, 1944, and relevant SC case law. The Tribunal confirmed that the freight charges were clearly mentioned separately in the invoices, thus supporting the exclusion of these charges from the transaction value. en-us Wed, 14 Feb 2024 00:00:00 +0530 Thu, 15 Feb 2024 07:30:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449574 The Tribunal upheld the decision of the Commissioner (Appeals), rejecting the Revenue's appeal. It ruled that freight charges should not be included in the transaction value for excise duty computation, as the transfer of ownership occurred at the factory gate. The Tribunal found that the transportation charges were separate from the assessable value of the goods, aligning with the Central Excise Act, 1944, and relevant SC case law. The Tribunal confirmed that the freight charges were clearly mentioned separately in the invoices, thus supporting the exclusion of these charges from the transaction value. Case-Laws Central Excise Wed, 14 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449574