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of <h1>Supreme Court Clarifies: Only Marketability-Related Packing Costs Included in Assessable Value for Central Excise.</h1> The circular addresses the inclusion of secondary packing costs in the assessable value for central excise purposes. It references a Supreme Court judgment in the Pond's India case, clarifying that packing done primarily for protection and not for marketability should not be included in the assessable value. Only the cost of packing necessary to make goods marketable, whether primary or secondary, should be included. This issue was discussed in a recent advisory council meeting, and the department's stance, following the Supreme Court's decision, is reiterated for assessing officers to consider in relevant cases.
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