2000 (9) TMI 353

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....eri, Asstt. Manager, for the Respondents. [Order per : P.S. Bajaj, Member (J)]. -  In this appeal filed by the Revenue, the issue relates to the inclusion of the Clearing and Forwarding (C & F) Charges and Bank Charges in the assessable value of the goods under Section 4 of the Central Excises Act, 1944. 2. The Asstt. Collector through the impugned order dated 14-10-1996 allowed....

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....has contended that the impugned order of the Commissioner (Appeals) allowing deduction of both these charges from the assessable value of the goods is perfectly valid. 6. We have heard both the sides and gone through the record. 7. Regarding the inclusion of the Bank Charges in the assessable value of the goods, the matter has been settled by the Larger Bench of the Tribunal in the....

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....stries Ltd. v. CCE - 1992 (60) E.L.T. 512 (Tribunal), Guljag Chemicals & Plastics Pvt. Ltd. v. CCE - 1993 (63) E.L.T. 710 (Tribunal) and Kerala Financial Corporation v. CCE - 1993 (63) E.L.T. 16 (Kerala). In all these cases, the Tribunal has taken a consistent view that clearing and forwarding (C & F) charges are excludible from the assessable value of the goods, under Section 4 of the Act. Theref....