https://www.taxtmi.com/caselaws?id=212759 MRP-based valuation under Section 4A applies where imported lipsticks are sold as individual retail pieces rather than by weight or measure. Rule 34(1)(b) exempts packaged commodities only when they are sold by weight or measure and their net quantity does not exceed the prescribed limit. Lipsticks declared, invoiced and priced per piece, despite stating a net weight per unit, do not satisfy that condition. The exemption is therefore unavailable, and countervailing duty is assessable on the MRP basis. Precedents concerning goods sold by measure or otherwise qualifying packages do not alter this result. en-us Tue, 21 Jun 2011 00:00:00 +0530 Tue, 24 Apr 2012 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212759 MRP-based valuation under Section 4A applies where imported lipsticks are sold as individual retail pieces rather than by weight or measure. Rule 34(1)(b) exempts packaged commodities only when they are sold by weight or measure and their net quantity does not exceed the prescribed limit. Lipsticks declared, invoiced and priced per piece, despite stating a net weight per unit, do not satisfy that condition. The exemption is therefore unavailable, and countervailing duty is assessable on the MRP basis. Precedents concerning goods sold by measure or otherwise qualifying packages do not alter this result. Case-Laws Customs Tue, 21 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212759