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Central Excise - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

The insurance policy for the transportation of the goods was ...


Excise Duty Calculation Excludes Transportation and Insurance Costs Under Assessee-Obtained Policy for Purchaser's Goods.

September 8, 2015

Case Laws     Central Excise     SC

The insurance policy for the transportation of the goods was taken by the assessee on behalf of the purchaser - the cost of transportation and insurance could not have been included for arriving at the price of the goods for the purpose of excise duty. - SC

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