https://www.taxtmi.com/caselaws?id=72703 Durable packing that is returnable by the buyer is excluded from assessable value under Section 4(4)(d)(i) of the Central Excises and Salt Act, 1944, and no distinction is drawn between packing owned by the assessee and packing owned by the customer. On that basis, the cost of customer-owned, returnable G.I. drums was held not includible in assessable value. Decisions concerning ordinary packing were treated as inapplicable because they did not address the statutory exception for durable and returnable containers. en-us Mon, 02 Feb 1987 00:00:00 +0530 Tue, 24 May 2011 14:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72703 Durable packing that is returnable by the buyer is excluded from assessable value under Section 4(4)(d)(i) of the Central Excises and Salt Act, 1944, and no distinction is drawn between packing owned by the assessee and packing owned by the customer. On that basis, the cost of customer-owned, returnable G.I. drums was held not includible in assessable value. Decisions concerning ordinary packing were treated as inapplicable because they did not address the statutory exception for durable and returnable containers. Case-Laws Central Excise Mon, 02 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72703