Sale Value inclusive of Freight outward for Excise duty Assessment: CESTAT

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the sale value of goods, including the cost of outward freight, should be considered for excise duty assessment. The case involved a dispute over whether outward freight should be excluded from the sale value when calculating excise duty. The tribunal decided that since the cost of outward freight is part of the sale transaction, it should be included in the assessable value for excise duty purposes. This ruling has implications for manufacturers and sellers, affecting how excise duty is calculated on the sale of goods.