Freight & Insurance Included in Assessable Value Due to Door Delivery Terms in Excise Case

Nishant Organic Pvt Ltd Vs C.C.E. & S.T (CESTAT Ahmedabad) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad, examined an appeal concerning the inclusion of freight and insurance charges in the assessable value of goods for the purpose of levying Central Excise duty. The appellant, a manufacturer of aromatic chemicals, was subjected to audit scrutiny, which revealed that it had collected freight and insurance charges from customers for delivering goods to their premises but had excluded these charges from the assessable value while paying excise duty. At the same t...