https://www.taxtmi.com/caselaws?id=98670 The Tribunal held that the cost of freely supplied packing materials should not be included in the assessable value of goods for Central Excise duty, following the Supreme Court's decision in Hindustan Polymers v. CCE and the Tribunal's ruling in Corner Stone Brands Ltd. Consequently, the duty demand related to the inclusion of such packing material costs was deemed unsustainable, and no penalty was imposed as the appellant agreed to pay the duty amount for labels and stickers. The appeal was disposed of accordingly, with the penalty set aside based on legal analysis and precedent cited. en-us Wed, 12 Sep 2001 00:00:00 +0530 Sat, 21 Jan 2012 15:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98670 The Tribunal held that the cost of freely supplied packing materials should not be included in the assessable value of goods for Central Excise duty, following the Supreme Court's decision in Hindustan Polymers v. CCE and the Tribunal's ruling in Corner Stone Brands Ltd. Consequently, the duty demand related to the inclusion of such packing material costs was deemed unsustainable, and no penalty was imposed as the appellant agreed to pay the duty amount for labels and stickers. The appeal was disposed of accordingly, with the penalty set aside based on legal analysis and precedent cited. Case-Laws Central Excise Wed, 12 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98670