https://www.taxtmi.com/caselaws?id=764542 CESTAT Chandigarh held that pool cancellation charges, pool lifting charges, penalty on dealers and cancellation charges must be included in assessable value of motor vehicles for excise duty purposes. The tribunal applied Section 4 of Central Excise Act, 1944, ruling that transaction value includes amounts buyer is liable to pay in connection with sale, including charges for marketing, storage, and handling. Pool charges related to additional vehicle transactions with dealers. All demands were sustained but penalties were set aside with cum-duty benefit accorded. Appeal was allowed in part. en-us Wed, 08 Jan 2025 00:00:00 +0530 Sat, 11 Jan 2025 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764542 CESTAT Chandigarh held that pool cancellation charges, pool lifting charges, penalty on dealers and cancellation charges must be included in assessable value of motor vehicles for excise duty purposes. The tribunal applied Section 4 of Central Excise Act, 1944, ruling that transaction value includes amounts buyer is liable to pay in connection with sale, including charges for marketing, storage, and handling. Pool charges related to additional vehicle transactions with dealers. All demands were sustained but penalties were set aside with cum-duty benefit accorded. Appeal was allowed in part. Case-Laws Central Excise Wed, 08 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764542