https://www.taxtmi.com/forum/issue?id=4289 Where returnable packaging forms part of the transaction, the amortised value of that packaging must be included in the assessable value of excisable monofilament yarn. If packaging is manufactured and removed separately, duty must be discharged by separate invoicing or explicit invoiced disclosure; bought-out packaging on which CENVAT credit was availed requires reversal of the equivalent CENVAT credit on removal as such. en-us Mon, 25 Jun 2012 12:30:20 +0530 Thu, 23 Jan 2025 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4289 Where returnable packaging forms part of the transaction, the amortised value of that packaging must be included in the assessable value of excisable monofilament yarn. If packaging is manufactured and removed separately, duty must be discharged by separate invoicing or explicit invoiced disclosure; bought-out packaging on which CENVAT credit was availed requires reversal of the equivalent CENVAT credit on removal as such. Discussion-Forum Central Excise Mon, 25 Jun 2012 12:30:20 +0530 https://www.taxtmi.com/forum/issue?id=4289