https://www.taxtmi.com/caselaws?id=336479 Refrigerators cleared in packaged form with MRP declaration were treated as goods liable to valuation under Section 4A of the Central Excise Act, not Section 4. The bulk sale to soft drink manufacturers did not change the valuation method because the statutory scheme applies to specified goods cleared with declared retail price. The Tribunal also relied on binding Supreme Court precedent on the assessee's own similar transactions, leaving no basis for a fresh merits-based departure. Accordingly, the Section 4A valuation position was confirmed and the Revenue's challenge did not succeed. en-us Thu, 15 Dec 2016 00:00:00 +0530 Thu, 29 Dec 2016 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336479 Refrigerators cleared in packaged form with MRP declaration were treated as goods liable to valuation under Section 4A of the Central Excise Act, not Section 4. The bulk sale to soft drink manufacturers did not change the valuation method because the statutory scheme applies to specified goods cleared with declared retail price. The Tribunal also relied on binding Supreme Court precedent on the assessee's own similar transactions, leaving no basis for a fresh merits-based departure. Accordingly, the Section 4A valuation position was confirmed and the Revenue's challenge did not succeed. Case-Laws Central Excise Thu, 15 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336479