C.Ex. - Valuation - Deduction of charges like retention charges and charges incurred for maintainance and services of the durable and returnable containers from the assessable value - Instructions regarding

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....inance and services of the durable and returnable containers from the assessable value - Instructions regarding Circular No.7/89-CX.1 Dated 7-7-1989 [From F. No. 6/50/88-CX.1 ] Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Subject : C.Ex. - Valuation - Deduction of charges like retention charges and charges incurre....

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....krishna Oxygen Ltd. v. Collector of Central Excise, Coimbatore, the Tribunal in its order No. 584/88A, dated 28-12-1988 has held that the maintainance and service charges etc. in r/o durable & returnable containers are not required to be included in the assessable value in terms of Section 4(4)(d)(i) of the Act when the value of the containers is not required to be included in terms of this Sectio....

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....may be earned on the deposit for the safe return of cylinders would be though ancillary but would not be the price for the manufacture of gas; accordingly it would not constitute part of the assessable value. It is well settled that the levy under the Act, is on the manufacture. In the instant case the respondent are manufacturers of gas, which is subject to excise duty, but this gas is supplie....