https://www.taxtmi.com/caselaws?id=755249 CESTAT Mumbai allowed the appeal regarding CENVAT credit on Goods Transport Agency services for finished goods transportation. The court held that transportation charges are includible in assessable value only until ownership transfer occurs. Since the purchase order specified "FREE DELIVERY AT OUR WORKS" with payment terms of 45 days from goods receipt at customer's factory, the sale occurred upon delivery at customer's premises. The lower order failed to properly examine facts regarding place of removal and wrongly denied CENVAT credit on input services. The appellant was eligible for service tax credit on outward freight charges under Rule 2(l) of CENVAT Credit Rules, 2004 read with Section 4 of Central Excise Act, 1944. en-us Mon, 03 Jun 2024 00:00:00 +0530 Wed, 10 Jul 2024 08:00:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755249 CESTAT Mumbai allowed the appeal regarding CENVAT credit on Goods Transport Agency services for finished goods transportation. The court held that transportation charges are includible in assessable value only until ownership transfer occurs. Since the purchase order specified "FREE DELIVERY AT OUR WORKS" with payment terms of 45 days from goods receipt at customer's factory, the sale occurred upon delivery at customer's premises. The lower order failed to properly examine facts regarding place of removal and wrongly denied CENVAT credit on input services. The appellant was eligible for service tax credit on outward freight charges under Rule 2(l) of CENVAT Credit Rules, 2004 read with Section 4 of Central Excise Act, 1944. Case-Laws Central Excise Mon, 03 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755249