https://www.taxtmi.com/caselaws?id=3854 The Tribunal upheld the decision in favor of the manufacturers in a case where the Revenue challenged the abatement of the cost of packing material in the assessable value of "Nylon Filament Yarn." The Tribunal emphasized the durability and returnability of the paper tubes as declared in the invoices, stating that the actual return of packing material is not crucial under Section 4(4)(d)(i) of the Central Excise Act. The court reiterated that durable packing material, with an arrangement for return, should be excluded from the assessable value, regardless of actual return, in line with previous Supreme Court judgments. en-us Wed, 21 Nov 2007 00:00:00 +0530 Tue, 06 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3854 The Tribunal upheld the decision in favor of the manufacturers in a case where the Revenue challenged the abatement of the cost of packing material in the assessable value of "Nylon Filament Yarn." The Tribunal emphasized the durability and returnability of the paper tubes as declared in the invoices, stating that the actual return of packing material is not crucial under Section 4(4)(d)(i) of the Central Excise Act. The court reiterated that durable packing material, with an arrangement for return, should be excluded from the assessable value, regardless of actual return, in line with previous Supreme Court judgments. Case-Laws Central Excise Wed, 21 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3854