https://www.taxtmi.com/caselaws?id=43825 The cost of packing in gunny bags was excluded from assessable value under Section 4(4)(d)(i) because the bags were returnable within the meaning of the provision. The controlled commodity regime separately fixed the price of cement and packing charges, and the governing orders required serviceable empty bags to be preserved and returned to the factory or its collecting agent on payment. Actual physical return of each bag was not necessary; the decisive test was the existence of a return arrangement. The packing cost therefore could not be included in the assessable value, and the duty collected on that basis was refundable subject to verification. en-us Wed, 04 Sep 1991 00:00:00 +0530 Mon, 21 Jun 2010 13:12:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43825 The cost of packing in gunny bags was excluded from assessable value under Section 4(4)(d)(i) because the bags were returnable within the meaning of the provision. The controlled commodity regime separately fixed the price of cement and packing charges, and the governing orders required serviceable empty bags to be preserved and returned to the factory or its collecting agent on payment. Actual physical return of each bag was not necessary; the decisive test was the existence of a return arrangement. The packing cost therefore could not be included in the assessable value, and the duty collected on that basis was refundable subject to verification. Case-Laws Central Excise Wed, 04 Sep 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43825