Excise duty on Freight charges on Finished goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 March 2010
please can any body tell me that excise duty should be charge on transportation cost ( Freight ) for finished goods
Taranjit Singh
(Expert)
27 March 2010
Regarding Freight charges/transportation charges- The Supreme Court in the case of M/s. Bombay Tyre International , held that expenses incurred on account of the several factors which have contributed to the value of the product upto the date of sale, which apparently would be the date of delivery, are liable to be included in the assessable value of the product.
Taranjit Singh
(Expert)
27 March 2010
You can check details on this link....
https://www.legalserviceindia.com/articles/edt.htm
https://www.legalserviceindia.com/articles/edt.htm
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