https://www.taxtmi.com/caselaws?id=203356 For goods assessed on an MRP basis under Section 4A of the Central Excise Act, duty could not be demanded through departmental re-determination of retail sale price before the statutory mechanism for that exercise took effect on 1 March 2008. The proposed valuation method, which extrapolated assessable value from admitted turnover, lacked prescribed legal support for the relevant period. Alleged clandestine manufacture and removal also required independent corroborative evidence of production, quantity and actual clearance; an admission of suppressed turnover before Income-tax authorities, without such corroboration, was insufficient. The duty demand and consequential penalties were therefore unsustainable. en-us Wed, 22 Dec 2010 00:00:00 +0530 Mon, 19 Jan 2026 14:19:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203356 For goods assessed on an MRP basis under Section 4A of the Central Excise Act, duty could not be demanded through departmental re-determination of retail sale price before the statutory mechanism for that exercise took effect on 1 March 2008. The proposed valuation method, which extrapolated assessable value from admitted turnover, lacked prescribed legal support for the relevant period. Alleged clandestine manufacture and removal also required independent corroborative evidence of production, quantity and actual clearance; an admission of suppressed turnover before Income-tax authorities, without such corroboration, was insufficient. The duty demand and consequential penalties were therefore unsustainable. Case-Laws Central Excise Wed, 22 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203356