Abatement for retail-priced cosmetics under section 4A permits reduced assessable value for specified tariff headings. The Central Government, exercising powers under Section 4A of the Central Excise Act, authorises an abatement from the retail sale price for valuation of goods falling under the specified Central Excise Tariff headings for cosmetics, prescribing the abatement percentage applicable to those listed headings and stipulating the date from which the abatement is operative.
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.
Abatement for retail-priced cosmetics under section 4A permits reduced assessable value for specified tariff headings.
The Central Government, exercising powers under Section 4A of the Central Excise Act, authorises an abatement from the retail sale price for valuation of goods falling under the specified Central Excise Tariff headings for cosmetics, prescribing the abatement percentage applicable to those listed headings and stipulating the date from which the abatement is operative.
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