https://www.taxtmi.com/caselaws?id=758924 Freight charged separately in sale invoices for excisable goods is excluded from assessable value where the goods are cleared directly from the factory gate and the place of removal remains the factory. The invoice, purchase order and acknowledgment showed that transportation was recovered separately over and above the price of the goods, and the sale was not from a depot or other place of removal. On that factual basis, the cost of transport from the place of removal to the place of delivery did not form part of transaction value under Section 4 of the Central Excise Act, 1944 read with the Valuation Rules, even though the sale was on FOR basis. The freight component was therefore not includible in central excise valuation. en-us Wed, 18 Sep 2024 00:00:00 +0530 Fri, 20 Sep 2024 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758924 Freight charged separately in sale invoices for excisable goods is excluded from assessable value where the goods are cleared directly from the factory gate and the place of removal remains the factory. The invoice, purchase order and acknowledgment showed that transportation was recovered separately over and above the price of the goods, and the sale was not from a depot or other place of removal. On that factual basis, the cost of transport from the place of removal to the place of delivery did not form part of transaction value under Section 4 of the Central Excise Act, 1944 read with the Valuation Rules, even though the sale was on FOR basis. The freight component was therefore not includible in central excise valuation. Case-Laws Central Excise Wed, 18 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758924