The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has dismissed the appeal holding that freight, insurance, and related charges are includable in the assessable value when goods are sold on a “FOR destination basis” and ownership transfers at the buyer’s premises. The Bench of Angad Prasad (Judicial Member) and A.K. Jyotishi (Technical…
Freight & Insurance Must Be Included When Sale Concludes at Buyer’s Premises: CESTAT Upholds Excise Demand
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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