determination of A.V, Central Excise

[Ankit Agarwal]

In case of FOR sale, Will freight be included A.V for calculation of excise duty??

Posts / Replies

[Sanjeet Kumar]

Dear

refer rule 5 of central excise valuation rule 2000.

[Naveed S]

If we order something on F.O.R. basis, that good mentioned in the invoice will be transmitted from the supplier to the client without any transportation charges.

FOR is the price upto place of destination as mentioned in cotract ( inclusive of feight upto destination road).

Hence, it shall be added to the Assessable Value for calculation of excise duty.