Exclusion of Surplus Freight Charges from Assessable Value: No Excise Duty

Concrete Products and Construction Co. Vs Commissioner of GST & Central Excise (CESTAT Chennai) In the recent case of Concrete Products and Construction Co. Vs Commissioner of GST & Central Excise (CESTAT Chennai), a significant ruling was made that has far-reaching implications for the logistics and manufacturing sectors. The appellant, engaged in manufacturing concrete sleepers, was found to have collected higher freight charges from customers than paid to transporters. The central issue in the dispute was whether the surplus amount should be included in the assessable value for the ...