https://www.taxtmi.com/forum/issue?id=109693 Where a product is not specified for MRP-based valuation under Section 4A and the relevant notification, a manufacturer cannot treat MRP as the basis for excise valuation and cannot lawfully adopt different MRPs for excise purposes; opting for MRP valuation in such circumstances creates a likelihood of short payment of duty and attracts separate penalties for adopting Section 4A in place of Section 4. en-us Sat, 09 Jan 2016 14:42:21 +0530 Thu, 23 Jan 2025 15:56:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109693 Where a product is not specified for MRP-based valuation under Section 4A and the relevant notification, a manufacturer cannot treat MRP as the basis for excise valuation and cannot lawfully adopt different MRPs for excise purposes; opting for MRP valuation in such circumstances creates a likelihood of short payment of duty and attracts separate penalties for adopting Section 4A in place of Section 4. Discussion-Forum Central Excise Sat, 09 Jan 2016 14:42:21 +0530 https://www.taxtmi.com/forum/issue?id=109693