https://www.taxtmi.com/caselaws?id=241028 The case addressed the inclusion of packaging material in the assessable value for excise duty purposes post the enactment of the transaction value concept. The Tribunal held that under the new concept, when goods are traded in inseparable packaging material, the assessable value should encompass the entire package. The judgment directed a re-computation of the demand, including the value of packaging material post the statutory change, partially allowing the Revenue's appeal and emphasizing the need to align assessments with the transaction value framework. en-us Wed, 13 Mar 2013 00:00:00 +0530 Mon, 16 Dec 2013 16:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241028 The case addressed the inclusion of packaging material in the assessable value for excise duty purposes post the enactment of the transaction value concept. The Tribunal held that under the new concept, when goods are traded in inseparable packaging material, the assessable value should encompass the entire package. The judgment directed a re-computation of the demand, including the value of packaging material post the statutory change, partially allowing the Revenue's appeal and emphasizing the need to align assessments with the transaction value framework. Case-Laws Central Excise Wed, 13 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241028