https://www.taxtmi.com/caselaws?id=213042 Where more than one retail sale price is printed on the same package, Explanation 2 to Section 4A of the Central Excise Act requires adoption of the highest declared retail sale price for valuation, so the duty demand was upheld. The Tribunal distinguished cases involving different packages with different MRPs and found the circular on scored-out MRPs inapplicable because no MRP was scored out. Penalty was nevertheless set aside because the dispute was treated as one of statutory interpretation, making penal consequences unwarranted on the facts. en-us Wed, 29 Jun 2011 00:00:00 +0530 Sat, 05 May 2012 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213042 Where more than one retail sale price is printed on the same package, Explanation 2 to Section 4A of the Central Excise Act requires adoption of the highest declared retail sale price for valuation, so the duty demand was upheld. The Tribunal distinguished cases involving different packages with different MRPs and found the circular on scored-out MRPs inapplicable because no MRP was scored out. Penalty was nevertheless set aside because the dispute was treated as one of statutory interpretation, making penal consequences unwarranted on the facts. Case-Laws Central Excise Wed, 29 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213042