https://www.taxtmi.com/caselaws?id=262486 The Supreme Court, in a case concerning the exclusion of packing material costs from the assessable value of soda ash, found that there was an arrangement between the manufacturer and buyers for the return of durable packing materials. The Court emphasized the need for a genuine arrangement for the return of packing materials to exclude their cost from the assessable value. One judge concluded that the letters indicated such an arrangement, remanding the matter for further clarification, while another judge dissented, upholding the Tribunal's decision due to the lack of evidence establishing a clear arrangement for the return of packing materials. en-us Thu, 06 Aug 2015 00:00:00 +0530 Thu, 04 Feb 2016 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262486 The Supreme Court, in a case concerning the exclusion of packing material costs from the assessable value of soda ash, found that there was an arrangement between the manufacturer and buyers for the return of durable packing materials. The Court emphasized the need for a genuine arrangement for the return of packing materials to exclude their cost from the assessable value. One judge concluded that the letters indicated such an arrangement, remanding the matter for further clarification, while another judge dissented, upholding the Tribunal's decision due to the lack of evidence establishing a clear arrangement for the return of packing materials. Case-Laws Central Excise Thu, 06 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262486