https://www.taxtmi.com/caselaws?id=85299 Buyer-supplied packing materials were not part of assessable value because valuation covered packing cost incurred by the manufacturer, not notional cost supplied free by the buyer. Buyer-incurred advertisement expenses were also excluded where the ads were for the buyer's own branded goods and no additional consideration flowed to the manufacturer. Duty on input picture tubes availed under Modvat could not be loaded again into final valuation. Warranty replacement cost was excluded, but notional interest on a security deposit was includible as a measurable financial benefit. Cum-duty valuation had to be applied to test the threshold limit, while suppression of material facts justified invocation of the extended limitation period; the demand required recomputation accordingly. en-us Tue, 26 Mar 1996 00:00:00 +0530 Thu, 04 Aug 2011 10:37:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85299 Buyer-supplied packing materials were not part of assessable value because valuation covered packing cost incurred by the manufacturer, not notional cost supplied free by the buyer. Buyer-incurred advertisement expenses were also excluded where the ads were for the buyer's own branded goods and no additional consideration flowed to the manufacturer. Duty on input picture tubes availed under Modvat could not be loaded again into final valuation. Warranty replacement cost was excluded, but notional interest on a security deposit was includible as a measurable financial benefit. Cum-duty valuation had to be applied to test the threshold limit, while suppression of material facts justified invocation of the extended limitation period; the demand required recomputation accordingly. Case-Laws Central Excise Tue, 26 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85299