Includibility of packing costs: only packing necessary to make goods marketable is included in assessable value. The circular directs that includibility of packing costs in assessable value turns on whether packing is required to make goods marketable; packing done primarily for protection is excluded, while the cost of packing necessary to render articles marketable is includible, and the extent necessary is a question of fact to be determined by the correct approach.
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.
Includibility of packing costs: only packing necessary to make goods marketable is included in assessable value.
The circular directs that includibility of packing costs in assessable value turns on whether packing is required to make goods marketable; packing done primarily for protection is excluded, while the cost of packing necessary to render articles marketable is includible, and the extent necessary is a question of fact to be determined by the correct approach.
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