https://www.taxtmi.com/acts?id=6 For notified packaged excisable goods, excise value is the declared retail sale price (RSP) as specified on the package, reduced by any abatement allowed by the Central Government; abatement may consider excise duty, sales tax and other taxes. Failure to declare, incorrect declaration, or tampering with the declared RSP renders the goods liable to confiscation and the RSP shall be ascertained in the prescribed manner and deemed the RSP for valuation. The RSP definition and rules govern multiple, altered, and area-specific declared prices. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 06 Dec 2011 18:04:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6 For notified packaged excisable goods, excise value is the declared retail sale price (RSP) as specified on the package, reduced by any abatement allowed by the Central Government; abatement may consider excise duty, sales tax and other taxes. Failure to declare, incorrect declaration, or tampering with the declared RSP renders the goods liable to confiscation and the RSP shall be ascertained in the prescribed manner and deemed the RSP for valuation. The RSP definition and rules govern multiple, altered, and area-specific declared prices. Act-Rules Central Excise Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6