NITYA Tax Attorneys

Cenvat Alert | Supreme Court holds buyer’s premises can never be the place of removal

by | Oct 13, 2015

Dear Reader,

This is to update you on a recent ruling of the Supreme Court of India in the case of Ispat Industries Limited. In this case, the assessee obtained transit insurance policy for delivery of goods at customer’s premises. However, the price of the goods was agreed on ex-works basis and the assessee had no right to disposal of goods after the same were handed over to the transporter.

To Read More, Please click on the below mentioned link:

Excise-Alert-I-Supreme-Court-holds-buyers-premises-can-never-be-the-place-of-removal-I-October-13-2015

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