https://www.taxtmi.com/caselaws?id=110098 Goods statutorily required to carry an MRP declaration remain assessable under section 4A of the Central Excise Act on the basis of retail sale price, even if a particular clearance is made for free distribution and not for direct retail sale. The statutory scheme turns on the nature of the packaged goods and the MRP requirement, not on the channel of clearance; Rule 34 of the Packaged Commodities Rules did not exclude the goods, and the contrary circular was held inapplicable on its facts. A bona fide interpretative dispute and absence of mala fides meant penalty was not warranted, while duty was upheld subject to limited recomputation after admissible deductions. en-us Fri, 14 Nov 2003 00:00:00 +0530 Tue, 02 Jul 2024 14:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110098 Goods statutorily required to carry an MRP declaration remain assessable under section 4A of the Central Excise Act on the basis of retail sale price, even if a particular clearance is made for free distribution and not for direct retail sale. The statutory scheme turns on the nature of the packaged goods and the MRP requirement, not on the channel of clearance; Rule 34 of the Packaged Commodities Rules did not exclude the goods, and the contrary circular was held inapplicable on its facts. A bona fide interpretative dispute and absence of mala fides meant penalty was not warranted, while duty was upheld subject to limited recomputation after admissible deductions. Case-Laws Central Excise Fri, 14 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110098