https://www.taxtmi.com/caselaws?id=81397 The Tribunal ruled in favor of the appellants, holding that the cost of metal tin containers used for packaging Vanaspati should not be included in the assessable value for excise duty purposes. The invoices contained an endorsement indicating the returnability of the containers, establishing a contractual arrangement between the manufacturer and the buyer for return, satisfying the criteria for exclusion based on legal precedents. The judgment emphasized the importance of a contractual obligation for returnability, irrespective of the actual return or mode of return, in determining the assessable value of goods. en-us Tue, 25 Jun 1991 00:00:00 +0530 Fri, 24 Jun 2011 13:12:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81397 The Tribunal ruled in favor of the appellants, holding that the cost of metal tin containers used for packaging Vanaspati should not be included in the assessable value for excise duty purposes. The invoices contained an endorsement indicating the returnability of the containers, establishing a contractual arrangement between the manufacturer and the buyer for return, satisfying the criteria for exclusion based on legal precedents. The judgment emphasized the importance of a contractual obligation for returnability, irrespective of the actual return or mode of return, in determining the assessable value of goods. Case-Laws Central Excise Tue, 25 Jun 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81397