https://www.taxtmi.com/caselaws?id=243810 MRP-based valuation under Section 4A applies only where the goods are sold in packaged form and the statutory conditions for retail price declaration are satisfied. Imported plugs and sockets received in bulk packing, with no dispute that they were not in retail packages, could not be assessed on retail sale price basis, so the duty demand was set aside. Imported MCCBs declared as specially packed for exclusive industrial use and not intended for retail sale were likewise outside MRP-based valuation; the declaration was treated as sufficient, and in the absence of a statutory basis to determine RSP, the confiscation and penalties were also set aside. en-us Thu, 27 Jun 2013 00:00:00 +0530 Thu, 04 Sep 2014 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243810 MRP-based valuation under Section 4A applies only where the goods are sold in packaged form and the statutory conditions for retail price declaration are satisfied. Imported plugs and sockets received in bulk packing, with no dispute that they were not in retail packages, could not be assessed on retail sale price basis, so the duty demand was set aside. Imported MCCBs declared as specially packed for exclusive industrial use and not intended for retail sale were likewise outside MRP-based valuation; the declaration was treated as sufficient, and in the absence of a statutory basis to determine RSP, the confiscation and penalties were also set aside. Case-Laws Customs Thu, 27 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243810