A. Infrastructure Ltd vs Commissioner Of Central Excise, Jaipur on 5 May, 2004
Next we have to consider deduction of the bank
charges and collection charges. We must make it clear
that if the invoice price is the basis for valuation bank
commission or interest charges payable to the bank in
the account of the customer are definitely in the nature
of post-manufacturing and post-clearing expenses and
should be deductible from the assessable value. It
cannot be stated that such expenses will form part of
the sale price. The view taken by us finds support from
the decision of this Court in Commissioner of Central
Excise, New Delhi vs. Vikram Detergent Ltd., 2001
(2) SCC 417, which conclusion was arrived at by this
Court after examining earlier decisions of this Court in
Asst.