2019 (11) TMI 301

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....pellants are engaged in the manufacture of electrical transformers and were supplying the goods to various State Electricity Boards spread throughout India. They discharged excise duty without including the freight and insurance charges. The Department was of the view that the said amounts are includable in the assessable value. Show cause notice was issued proposing to demand excise duty after including the freight and insurance charges in the assessable value. After due process of law, the original authority confirmed the demand, interest and imposed penalty. Against such order, the appellant is now before the Tribunal. 3. Ld. Counsel Shri B. Venugopal submitted that tenders are floated by State Electricity Boards inviting quotations f....

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....o argue that the Tribunal relied upon decision in Ispat Industries Limited to hold that freight and insurance charges are not includable in the assessable value eventhough the goods are delivered at the buyers' premises. 4. The Ld. AR, Shri A. Rangadham reiterated the findings in the impugned order. He submitted that the freight and insurance charges have to be included in the assessable value as per the decision of Hon'ble Apex Court in the case or Roofit Industries Limited as reported at [2015(319)ELT 221 (S.C.)]. 5. Heard both sides. 6. The issue is whether the freight and insurance charges have to be included in the assessable value when the goods are delivered at the buyers' premises. The facts show that freight and insurance ....