Valuation under Section 4A: returnable deposits not additional consideration when container cost is amortised and included in product. Where the cost of reusable containers is amortised and included in the product price, returnable cash deposits or deposit of empty containers shall not be treated as additional consideration for valuation under Section 4A; if audit shows container cost was not amortised and included, the cash value of such deposits must be added to the MRP to re determine the assessable value.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Valuation under Section 4A: returnable deposits not additional consideration when container cost is amortised and included in product.
Where the cost of reusable containers is amortised and included in the product price, returnable cash deposits or deposit of empty containers shall not be treated as additional consideration for valuation under Section 4A; if audit shows container cost was not amortised and included, the cash value of such deposits must be added to the MRP to re determine the assessable value.
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