https://www.taxtmi.com/caselaws?id=767567 CESTAT Hyderabad dismissed the appeal concerning calculation of central excise duty on FOR basis sales. Despite appellants showing ex-works price and freight/insurance charges separately on invoices, the purchase order clearly specified delivery free at destination. The tribunal held that in FOR sales, freight and insurance charges must be included in assessable value for excise duty calculation, as buyer's premises constitute the place of removal. The Supreme Court judgment in Ispat Industries was distinguished as it dealt with ex-works sales, not FOR sales. en-us Wed, 05 Mar 2025 00:00:00 +0530 Fri, 21 Mar 2025 08:25:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767567 CESTAT Hyderabad dismissed the appeal concerning calculation of central excise duty on FOR basis sales. Despite appellants showing ex-works price and freight/insurance charges separately on invoices, the purchase order clearly specified delivery free at destination. The tribunal held that in FOR sales, freight and insurance charges must be included in assessable value for excise duty calculation, as buyer's premises constitute the place of removal. The Supreme Court judgment in Ispat Industries was distinguished as it dealt with ex-works sales, not FOR sales. Case-Laws Central Excise Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767567