https://www.taxtmi.com/caselaws?id=52380 Where liquid chlorine was supplied in durable returnable tonners, the packing charge and tonner rental were treated as separate transactions from the sale of the goods, so they were not includible in assessable value under the transaction-value provision. Because the statutory conditions for rejecting transaction value were not met, the valuation rules could not be invoked to add the amortised cost of buyer-supplied tonners. On that basis, the demand and penalty were held unsustainable and the assessee succeeded on the valuation issue. en-us Wed, 10 Dec 2003 00:00:00 +0530 Mon, 01 Jul 2024 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52380 Where liquid chlorine was supplied in durable returnable tonners, the packing charge and tonner rental were treated as separate transactions from the sale of the goods, so they were not includible in assessable value under the transaction-value provision. Because the statutory conditions for rejecting transaction value were not met, the valuation rules could not be invoked to add the amortised cost of buyer-supplied tonners. On that basis, the demand and penalty were held unsustainable and the assessee succeeded on the valuation issue. Case-Laws Central Excise Wed, 10 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52380