https://www.taxtmi.com/caselaws?id=776380 CESTAT Chandigarh held that the amount collected as excess transit insurance from dealers is not includible in the assessable value for excise duty under Rules 5 and 6 of the Central Excise Valuation Rules, 2000. The sale occurs at the factory gate, with title and risk passing to dealers there, who bear transportation costs. The excess transit insurance is an additional charge unrelated to the sale or manufacturing activity and thus not part of the transaction value under Section 4(1)(a) of the Excise Act. Consequently, no excise duty is leviable on this amount. The appeal by Revenue was dismissed, affirming the impugned order. en-us Thu, 07 Aug 2025 00:00:00 +0530 Sat, 09 Aug 2025 08:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776380 CESTAT Chandigarh held that the amount collected as excess transit insurance from dealers is not includible in the assessable value for excise duty under Rules 5 and 6 of the Central Excise Valuation Rules, 2000. The sale occurs at the factory gate, with title and risk passing to dealers there, who bear transportation costs. The excess transit insurance is an additional charge unrelated to the sale or manufacturing activity and thus not part of the transaction value under Section 4(1)(a) of the Excise Act. Consequently, no excise duty is leviable on this amount. The appeal by Revenue was dismissed, affirming the impugned order. Case-Laws Central Excise Thu, 07 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776380