1978 (7) TMI 108 - CGOVT - Central Excise

Valuation - Exclusion of forwarding - Delivery and other charges - Cost of special packing - Contract prices

Summary

The Government of India allowed the revision applications concerning the valuation of goods sold to pharmaceutical concerns. The wholesale price of goods was to be determined according to section 4(b) of the Central Excises and Salt Act, 1944. Charges like forwarding and delivery fees were not to be included in the assessable value. Packing charges were to be assessed based on whether they were incidental to manufacturing or for special packing. The revision applications were allowed, and relief was granted to the petitioners.