COMMISSIONER OF CENTRAL EXCISE CHENNAI vs M/S SICGIL INDIA LTD.

The Supreme Court addressed the applicability of Section 4 of the Central Excise Act, 1944, concerning the valuation of goods for excise duty. The Court held that charges such as packing, service, and rental fees are to be included in the transaction value for duty assessment, clarifying the relationship between Sections 3 and 4 of the Act. The matter was referred to a larger bench due to conflicting prior judgments, specifically Union of India v. Bombay Tyre International Ltd. and Commissioner of Central Excise, Pondicherry v. Acer India Ltd.