SC confirmed the decision of tribunal on the issue of Valuation ...

Supreme Court Affirms Tribunal's Decision: Insurance Charges Included in Valuation for Central Excise on FOR Basis.

July 23, 2018

Case Laws     Central Excise     SC

SC confirmed the decision of tribunal on the issue of Valuation under Central Excise against the assessee - inclusion of insurance charges - tribunal found that such sale ought to be considered not a sale on ex-factory basis but on FOR basis even though the Cost Transportation is not included in the price but shown separately in the invoice.

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