assessable value – OnlineTaxUpdate

Transportation charges up to buyer’s premise, if included in agreed price, count towards assessable value

byCA Bimal Jain20/08/202320/08/2023

The CESTAT, Kolkata, in M/s Satya Megha Ispat Pvt. Ltd. v. Commissioner of Central Excise [Excise Appeal No. 71484 of 2013 dated August 04, 2023] set aside the refund rejection order and held that in case where the sale took…

GST Article Pre-GST

Transportation cost separately charged should not forms part of assessable value as per the Central Excise Act

byCA Bimal Jain25/12/202225/12/2022

The Customs, Excise & Service Tax Appellate Tribunal, New Delhi (“the Tribunal”) in the case of M/s. Bathinda Industrial Gases Pvt. Ltd. v. Commissioner of Central Goods and Services Tax [Excise Appeal No. 52053 of 2019]dated November 30, 2022, held…