https://www.taxtmi.com/caselaws?id=255988 Glues and adhesives supplied to industrial consumers in packages marked for industrial use were treated as outside MRP-based valuation. Because the record did not show retail sale or any requirement to declare retail sale price under the Standards of Weights and Measures law, the exemption from assessment on MRP basis was unavailable. Valuation therefore remained on transaction value under Section 4 rather than Section 4A of the Central Excise Act, 1944. The demand rejecting MRP assessment was upheld and the appeal failed. en-us Wed, 10 Dec 2014 00:00:00 +0530 Fri, 07 Aug 2015 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255988 Glues and adhesives supplied to industrial consumers in packages marked for industrial use were treated as outside MRP-based valuation. Because the record did not show retail sale or any requirement to declare retail sale price under the Standards of Weights and Measures law, the exemption from assessment on MRP basis was unavailable. Valuation therefore remained on transaction value under Section 4 rather than Section 4A of the Central Excise Act, 1944. The demand rejecting MRP assessment was upheld and the appeal failed. Case-Laws Central Excise Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255988