https://www.taxtmi.com/caselaws?id=94619 Footwear notified under Section 4A of the Central Excise Act must be valued under the retail sale price mechanism, because Section 4A(2) contains a non obstante clause that overrides Section 4 for specified goods. The analysis notes that once footwear under Tariff Heading 64.01 is brought within Section 4A by notification, valuation follows the Section 4A method and not the normal assessable value rule under Section 4. Notification No. 40/97-C.E. (N.T.) also prescribed a 50 per cent abatement from the maximum retail price, and the discussion records no basis to treat the post-abatement price as crossing the relevant threshold. en-us Thu, 25 Feb 1999 00:00:00 +0530 Fri, 02 Dec 2011 15:52:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94619 Footwear notified under Section 4A of the Central Excise Act must be valued under the retail sale price mechanism, because Section 4A(2) contains a non obstante clause that overrides Section 4 for specified goods. The analysis notes that once footwear under Tariff Heading 64.01 is brought within Section 4A by notification, valuation follows the Section 4A method and not the normal assessable value rule under Section 4. Notification No. 40/97-C.E. (N.T.) also prescribed a 50 per cent abatement from the maximum retail price, and the discussion records no basis to treat the post-abatement price as crossing the relevant threshold. Case-Laws Central Excise Thu, 25 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94619