https://www.taxtmi.com/caselaws?id=752563 Artificially inflated freight claimed as a deduction from the delivery price of LPG cylinders was not admissible under the valuation rules where goods were sold for delivery at a place other than the place of removal. On the facts recorded, the transport arrangement was treated as a device to depress assessable value, and the resulting undervaluation justified recovery of duty with interest. The plea of revenue neutrality did not displace the short-levy finding, and the consequential penalties were sustained. en-us Tue, 20 Feb 2024 00:00:00 +0530 Mon, 13 May 2024 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752563 Artificially inflated freight claimed as a deduction from the delivery price of LPG cylinders was not admissible under the valuation rules where goods were sold for delivery at a place other than the place of removal. On the facts recorded, the transport arrangement was treated as a device to depress assessable value, and the resulting undervaluation justified recovery of duty with interest. The plea of revenue neutrality did not displace the short-levy finding, and the consequential penalties were sustained. Case-Laws Central Excise Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752563