https://www.taxtmi.com/caselaws?id=123096 Footwear notified under section 4A of the Central Excise Act can be valued on retail sale price basis where the goods satisfy the statutory conditions for MRP valuation. Direct sale by the manufacturer to consumers does not by itself exclude section 4A, and a durable retail price declaration on the footwear itself can amount to sufficient compliance even if the price is not printed on the carton, provided the declared price governs sale and the consumer cannot be charged more. On that basis, valuation by normal price is unsustainable where the notified MRP regime applies. en-us Tue, 20 Nov 2007 00:00:00 +0530 Thu, 06 Sep 2012 13:10:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123096 Footwear notified under section 4A of the Central Excise Act can be valued on retail sale price basis where the goods satisfy the statutory conditions for MRP valuation. Direct sale by the manufacturer to consumers does not by itself exclude section 4A, and a durable retail price declaration on the footwear itself can amount to sufficient compliance even if the price is not printed on the carton, provided the declared price governs sale and the consumer cannot be charged more. On that basis, valuation by normal price is unsustainable where the notified MRP regime applies. Case-Laws Central Excise Tue, 20 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123096