https://www.taxtmi.com/caselaws?id=80978 The Tribunal ruled in favor of the appellant, holding that the cost of gunny packing should not be included in the assessable value of excisable goods unless there is evidence that the packing material is not returned by buyers regularly. It was determined that the sales between the appellant and another company were at arm's length, based on prices charged to other customers. The Tribunal directed that the assessable value should be based on the prices charged to the related company and emphasized the approval of price lists under Part I for determining the assessable value. en-us Wed, 19 Dec 1990 00:00:00 +0530 Tue, 21 Jun 2011 16:21:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80978 The Tribunal ruled in favor of the appellant, holding that the cost of gunny packing should not be included in the assessable value of excisable goods unless there is evidence that the packing material is not returned by buyers regularly. It was determined that the sales between the appellant and another company were at arm's length, based on prices charged to other customers. The Tribunal directed that the assessable value should be based on the prices charged to the related company and emphasized the approval of price lists under Part I for determining the assessable value. Case-Laws Central Excise Wed, 19 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80978