https://www.taxtmi.com/caselaws?id=40479 The court ruled in favor of the petitioner, a private limited company manufacturing aerated waters, in a dispute regarding the inclusion of freight charges in the assessable value for excise duty purposes. The court held that excise duty is levied only on manufacturing costs and profits, excluding post-manufacturing charges like freight. Additionally, the court determined that a wholesale market can exist based on the potential for wholesale transactions, even if physical sales do not predominantly occur at the factory premises. The court allowed the petition, quashed the impugned orders, and directed a refund of any duty paid by the company under those orders. en-us Wed, 05 Dec 1973 00:00:00 +0530 Sat, 08 May 2010 16:27:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40479 The court ruled in favor of the petitioner, a private limited company manufacturing aerated waters, in a dispute regarding the inclusion of freight charges in the assessable value for excise duty purposes. The court held that excise duty is levied only on manufacturing costs and profits, excluding post-manufacturing charges like freight. Additionally, the court determined that a wholesale market can exist based on the potential for wholesale transactions, even if physical sales do not predominantly occur at the factory premises. The court allowed the petition, quashed the impugned orders, and directed a refund of any duty paid by the company under those orders. Case-Laws Central Excise Wed, 05 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40479