The Supreme Court last week dismissed the appeal of Royal Enfield Ltd, rejecting its argument that the cost of packaging charges incurred by it should not be taken into account for computing excise duty on the motorcycles manufactured by it. The company filed price declaration for vehicles sold from their depots in Chennai and claimed abatement of Rs 190 per vehicle towards packing charges. The revenue authorities disallowed the abatement claim and insisted that the cost of packing should be included in the assessable value of the motorcycles. The company moved the Customs, Excise and Service Tax Appellate Tribunal, which also dismissed its petition.
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