https://www.taxtmi.com/caselaws?id=47226 The Supreme Court overturned the High Court's decision, ruling that the costs of wooden crates were not includible in the value of glass sheets. The Court held that the wooden crates qualified as durable and returnable packing based on the contractual terms, which included an obligation for the seller to accept returns. Therefore, the wooden crates' costs were deemed non-includible in the assessable value of the glass sheets under the Central Excises and Salt Act, 1944. en-us Tue, 22 Feb 2005 00:00:00 +0530 Tue, 11 Aug 2015 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47226 The Supreme Court overturned the High Court's decision, ruling that the costs of wooden crates were not includible in the value of glass sheets. The Court held that the wooden crates qualified as durable and returnable packing based on the contractual terms, which included an obligation for the seller to accept returns. Therefore, the wooden crates' costs were deemed non-includible in the assessable value of the glass sheets under the Central Excises and Salt Act, 1944. Case-Laws Central Excise Tue, 22 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47226