Retail sale price valuation: manufacturers need not declare RSP for garments cleared in bulk; transaction value applies. Valuation for excise on readymade garments depends on whether RSP is required and declared: RSP based valuation and related tariff measures apply only to pre packaged retail commodities subject to Standards of Weights & Measures rules. Garments cleared in bulk or unpacked by the manufacturer need not carry or have RSP declared at factory clearance, and in such cases valuation follows transaction value; subsequent packing or labelling by dealers may invoke package rules but does not impose RSP declaration obligations on the manufacturer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Retail sale price valuation: manufacturers need not declare RSP for garments cleared in bulk; transaction value applies.
Valuation for excise on readymade garments depends on whether RSP is required and declared: RSP based valuation and related tariff measures apply only to pre packaged retail commodities subject to Standards of Weights & Measures rules. Garments cleared in bulk or unpacked by the manufacturer need not carry or have RSP declared at factory clearance, and in such cases valuation follows transaction value; subsequent packing or labelling by dealers may invoke package rules but does not impose RSP declaration obligations on the manufacturer.
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