https://www.taxtmi.com/caselaws?id=41599 The SC held that corrugated fibre board containers used to pack cigarettes at the stage of delivery to wholesale buyers were includible in assessable value under section 4(4)(d)(i) because the packing concept covers outer and secondary packing, and the relevant test is the normal wholesale packed condition at the factory gate. It also held that, for 24 May 1976 to 2 November 1982, the packing cost was excludible on promissory estoppel, since the excise authorities' representation was made with governmental approval, was acted upon, and no overriding statutory bar or countervailing equity defeated its effect. en-us Mon, 30 Sep 1985 00:00:00 +0530 Thu, 30 Oct 2025 09:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41599 The SC held that corrugated fibre board containers used to pack cigarettes at the stage of delivery to wholesale buyers were includible in assessable value under section 4(4)(d)(i) because the packing concept covers outer and secondary packing, and the relevant test is the normal wholesale packed condition at the factory gate. It also held that, for 24 May 1976 to 2 November 1982, the packing cost was excludible on promissory estoppel, since the excise authorities' representation was made with governmental approval, was acted upon, and no overriding statutory bar or countervailing equity defeated its effect. Case-Laws Central Excise Mon, 30 Sep 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41599