https://www.taxtmi.com/caselaws?id=1346 Section 4A valuation applies only where notified goods are statutorily required to declare retail sale price on the package. Pesticides cleared in 100 ml packs for free distribution, without a retail sale price and not intended for retail sale, were therefore not assessable on MRP basis under Section 4A. A binding departmental circular also directed that bulk supplies for non-retail consumption remain assessable under Section 4 on transaction value, and the Revenue could not disregard that circular while the assessee relied on it. The goods were accordingly valued under Section 4, and the demand, penalty and interest did not survive. en-us Tue, 13 Feb 2007 00:00:00 +0530 Mon, 14 Apr 2008 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1346 Section 4A valuation applies only where notified goods are statutorily required to declare retail sale price on the package. Pesticides cleared in 100 ml packs for free distribution, without a retail sale price and not intended for retail sale, were therefore not assessable on MRP basis under Section 4A. A binding departmental circular also directed that bulk supplies for non-retail consumption remain assessable under Section 4 on transaction value, and the Revenue could not disregard that circular while the assessee relied on it. The goods were accordingly valued under Section 4, and the demand, penalty and interest did not survive. Case-Laws Central Excise Tue, 13 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1346