https://www.taxtmi.com/caselaws?id=239370 Imported lipsticks sold by number, but weighing less than 10 grams per piece, were held not to fall within the packaged commodity regime for MRP-based valuation where sale on a weight basis was not required. The Tribunal applied its earlier view that, in such circumstances, duty is assessable on transaction value rather than on marked retail price. It rejected the Revenue's reliance on the mere fact that the goods were imported in numbers, since that fact alone did not trigger MRP-based assessment. The stated legal effect is that the MRP demand was unsustainable and valuation had to be made on transaction value. en-us Wed, 07 Aug 2013 00:00:00 +0530 Wed, 20 May 2015 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239370 Imported lipsticks sold by number, but weighing less than 10 grams per piece, were held not to fall within the packaged commodity regime for MRP-based valuation where sale on a weight basis was not required. The Tribunal applied its earlier view that, in such circumstances, duty is assessable on transaction value rather than on marked retail price. It rejected the Revenue's reliance on the mere fact that the goods were imported in numbers, since that fact alone did not trigger MRP-based assessment. The stated legal effect is that the MRP demand was unsustainable and valuation had to be made on transaction value. Case-Laws Customs Wed, 07 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239370