https://www.taxtmi.com/caselaws?id=51822 The Supreme Court reversed the Tribunal's decision in Escorts JCB Ltd., emphasizing that ownership does not necessarily remain with the manufacturer until delivery to the buyer. The Tribunal highlighted that the place of removal and sale may not always be the same, especially if insurance and freight are provided by the buyer. Consequently, the appeals were allowed, setting aside the impugned orders and emphasizing the importance of interpreting provisions related to assessable value of goods and the definition of place of removal in excise duty calculations. en-us Fri, 17 Jan 2003 00:00:00 +0530 Tue, 28 Sep 2010 16:26:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51822 The Supreme Court reversed the Tribunal's decision in Escorts JCB Ltd., emphasizing that ownership does not necessarily remain with the manufacturer until delivery to the buyer. The Tribunal highlighted that the place of removal and sale may not always be the same, especially if insurance and freight are provided by the buyer. Consequently, the appeals were allowed, setting aside the impugned orders and emphasizing the importance of interpreting provisions related to assessable value of goods and the definition of place of removal in excise duty calculations. Case-Laws Central Excise Fri, 17 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51822