CESTAT: MRP not basis for duty! Correct assessment under Section 4.

The Appellate Tribunal CESTAT, New Delhi upheld the Commissioner's order, determining that the assessable value should not be calculated based on the MRP affixed on finished goods. As the goods were not covered by Section 4A of the Central Excise Act, duty was not required to be paid on the MRP basis. The duty liability was correctly discharged under Section 4 of the Act, leading to the rejection of the Revenue's appeal.

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The Appellate Tribunal CESTAT, New Delhi upheld the order of the Commissioner of Central Excise and Customs, Daman, stating that the assessable value should not be based on MRP affixed on finished goods. Goods in question not covered by Section 4A of the Central Excise Act, therefore duty not required to be paid on MRP basis. Duty liability discharged correctly under Section 4 of the Act. Revenue's appeal rejected.

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