https://www.taxtmi.com/caselaws?id=48811 For excisable goods sold on terms where the manufacturer retains ownership until delivery, the buyer's delivery point is the "place of removal" under Section 4(4)(b)(iii) of the Central Excise Act, 1944. The amended definition is read to cover the point from which goods are sold after clearance, and the decisive factor is where possession passes in the ordinary course of sale. If the manufacturer insures the goods and delivery is completed through the transport agency at destination, the sale is effected at that delivery point. The stated position is that, after the amendment, valuation is linked to the price at the place of removal, and Section 4(2) applies only where that price is not known. en-us Tue, 16 May 2000 00:00:00 +0530 Tue, 07 May 2019 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48811 For excisable goods sold on terms where the manufacturer retains ownership until delivery, the buyer's delivery point is the "place of removal" under Section 4(4)(b)(iii) of the Central Excise Act, 1944. The amended definition is read to cover the point from which goods are sold after clearance, and the decisive factor is where possession passes in the ordinary course of sale. If the manufacturer insures the goods and delivery is completed through the transport agency at destination, the sale is effected at that delivery point. The stated position is that, after the amendment, valuation is linked to the price at the place of removal, and Section 4(2) applies only where that price is not known. Case-Laws Central Excise Tue, 16 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48811