2000 (9) TMI 353

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..... 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 the exclusion both these charges from the assessable value of the goods manufactured by the res .....

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..... 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 case of Gomti Carbon-Di-Oxide and Ors. v. CCE, Jaipur and (Vice-Versa) - [2000 (119) E.L.T. 565 (T-LB) = 2000 (38) RLT 1039]. .....

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..... erala 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. Therefore, the impugned order of the Commissioner of Central Excise (Appeals) allowing the deduction of these charges to the respondents cannot .....

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