Maximum Retail Price assessment: specified goods allowed abatements for central excise valuation under Central Excise Act. Specification of classes of excisable goods for valuation by reference to Maximum Retail Price, with a Table mapping tariff headings to prescribed abatement percentages to be allowed from retail sale price when determining assessable value; retail sale price is defined to include taxes, freight, commission and related charges. The notification supersedes an earlier instrument, contains numerous subsequent amendments to Table entries, and was later rescinded by a subsequent notification.