https://www.taxtmi.com/caselaws?id=246586 The Appellate Tribunal CESTAT Ahmedabad ruled in favor of the assessee in a case concerning the non-inclusion of packaging material value in the assessable value of the final product. Citing precedents like TCP Limited v. CCE Madurai and Grasim Industries v. CCE, Indore, the Tribunal held that the value of cylinders owned by buyers need not be included in the assessable value if the price was the sole consideration without extra-commercial factors. Consequently, the Tribunal set aside the order demanding differential duty and penalty, allowing the appeal in favor of the assessee. en-us Tue, 04 Sep 2012 00:00:00 +0530 Sat, 24 Oct 2015 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246586 The Appellate Tribunal CESTAT Ahmedabad ruled in favor of the assessee in a case concerning the non-inclusion of packaging material value in the assessable value of the final product. Citing precedents like TCP Limited v. CCE Madurai and Grasim Industries v. CCE, Indore, the Tribunal held that the value of cylinders owned by buyers need not be included in the assessable value if the price was the sole consideration without extra-commercial factors. Consequently, the Tribunal set aside the order demanding differential duty and penalty, allowing the appeal in favor of the assessee. Case-Laws Central Excise Tue, 04 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246586