Packing Costs Excluded from Sponge Iron Valuation if Marketable Without Packaging, Rules Court on Tax Assessment.

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....Valuation of goods - wSponge Iron - the packing charges would not be includible in the assessable value of the goods if the goods are marketable, as such, without being packed. cost of packing of the Sponge Iron in the gunny bags would not be includible in the assessable value - AT....