Brief for Board meeting on amendment of Section 4 discussed in Board meeting on 3-10-1989 - Regarding packing materials supplied by buyers to the assessee - Floating survey regarding - Central Excise - 4/6/89-CX.I

Brief for Board meeting on amendment of Section 4 discussed in Board meeting on 3-10-1989 - Regarding packing materials supplied by buyers to the assessee - Floating survey regarding F. No. 4/6/89-CX.I Dated 5-10-1989 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise Customs, New Delhi Subject : Brief for Board meeting on amendment of Section 4 discussed in Board meeting on 3-10-1989 - Regarding packing materials supplied by buyers to the assessee - Floating survey regarding. The Board has decided to float a survey to get details of cases where the packing material is supplied by the buyers to the assessee free of cost. Information called for as per the enclosed proforma may be furnished to the Board. 2. This information may be furnished only in respect of assessees who receive packing materials free of cost from their respective buyers and claim deduction on account of such free supply of packing materials while declaring the assessable value of the goods manufactured by the assessee. 3. The requisite information may please be sent to the Board within a month of issue of this letter. PROFORMA Information regarding supply of packing materials by the buyers to assessee Collectorate______________ 1. Name and address of the manufacturer who receives packing materials free of cost from the buyer. 2. Description of commodity with Tariff Heading No. manufactured by the assessee. 3. Nature of packing material generally used by the assessee. 4. Cost of the above packing material per unit quantity of final product packed. 5. Nature and description of packing material supplied by the buyers to the above assessee. 6. Approximate cost of packing material supplied by the buyer in respect of unit quantity of final product packed. 7. Whether all buyers from the above assessee supply the packing material or only a few buyers supply the packing materials. 8. No. of buyers who supply the packing material. 9.  Whether any relationship exists between the assessee and the buyer who supplies the packing material free of cost, if so, the nature of relationship. 10. Approximate percentage of packing materials supplied by the buyers to the assessee in a year with reference to the total packing material used by the manufacturer during the year. 11. Comments/remarks, if any. Note: The above information may be furnished only in respect of assesses who receive packing materials free of cost from their respective buyers and claim deduction on account of such free supply of packing materials while declaring the assessable value of the goods manufactured by the assessee.