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of <h1>Excise Circular: Exclude Retention, Rental, Maintenance Charges for Returnable Containers from Assessable Value per Judicial Rulings.</h1> The circular issued by the Central Board of Excise & Customs clarifies that charges such as retention, rental, and maintenance for durable and returnable containers should not be included in the assessable value for excise purposes. This decision follows judicial rulings by the Tribunal and the Supreme Court, which determined that these charges are ancillary and not part of the manufacturing process. Consequently, previous circulars mandating their inclusion are withdrawn. The Board has accepted these judicial decisions, and relevant field formations are instructed to exclude such charges from the assessable value.
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