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Freight And Handling Charges Shown Separately In The Invoice Is Not Includable In The Assessable Value Of The Excisable Goods: CESTAT

The Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that freight and handling charges shown separately in the invoice of the appellant are also not. ....

Messrs Mira Industries Versus , Service Tax Appellate Tribunal , Ramesh Nair Member , Raju Member , Central Excise Act , Power Driven Pumps , Central Excise Tariff , Central Excise Duty , Central Excise , Exclusion Of Freight And Handling Charges , Ssessable Value Of Excisable Goods , Xcise Duty Calculation For Freight And Handling Charges ,

Customs Duty cut expected to bring down raw material prices

Customs Duty cut expected to bring down raw material prices
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Updated:
Engineering units in Coimbatore will benefit from the Budget proposal
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Engineering units in Coimbatore will benefit from the Budget proposal
The Union Budget announcement on Monday reducing Customs Duty on steel and ferrous and non-ferrous scrap is expected to bring down raw material prices for the engineering units in Coimbatore.
According to the Coimbatore District Small Industries Association president M.V. Ramesh Babu, several announcements are expected to benefit the MSMEs. For metal recyclers, import duty is exempted till end of March next year.
Indian Chamber of Commerce and Industry, Coimbatore, president C. Balasubramanian, said the government had taken the right steps in the budget and planned to increase its spending in different sectors. Coimbatore was a hub for textiles and MSMEs and the announcements would benefit these sectors. A mega textile p ....

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