https://www.taxtmi.com/circulars?id=5678 Section 4A is used to impose MRP-based valuation for toothpastes, tooth powders and detergents, setting assessable value as the retail sale price (MRP) less notified abatement and, where multiple MRPs are declared, the highest price applies. Small scale exemption eligibility and value limits must be computed under section 4A and its notifications for clearances from the commencement date. Unutilised modvat credit for manufacturers lapses as at the commencement date, except credits attributable to inputs and inputs contained in finished goods physically in stock on that date. en-us Thu, 25 Sep 1997 00:00:00 +0530 Fri, 13 Mar 2009 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5678 Section 4A is used to impose MRP-based valuation for toothpastes, tooth powders and detergents, setting assessable value as the retail sale price (MRP) less notified abatement and, where multiple MRPs are declared, the highest price applies. Small scale exemption eligibility and value limits must be computed under section 4A and its notifications for clearances from the commencement date. Unutilised modvat credit for manufacturers lapses as at the commencement date, except credits attributable to inputs and inputs contained in finished goods physically in stock on that date. Circulars Central Excise Thu, 25 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5678