https://www.taxtmi.com/caselaws?id=190801 MRP-based valuation under section 4A of the Central Excise Act applies only where the goods, as cleared from the factory, are subject to the relevant weights and measures requirement for retail sale price declaration. Where lubricating oils were removed in bulk to a depot and later repacked into smaller packs for sale, the assessable value could not be determined by reference to the later retail-packed goods. Valuation turned on the form and condition of the goods at the time of removal, not on subsequent repacking or depot sales. On that basis, the duty demand and penalty founded on section 4A were unsustainable. en-us Mon, 17 Jun 2002 00:00:00 +0530 Tue, 28 Feb 2017 12:03:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190801 MRP-based valuation under section 4A of the Central Excise Act applies only where the goods, as cleared from the factory, are subject to the relevant weights and measures requirement for retail sale price declaration. Where lubricating oils were removed in bulk to a depot and later repacked into smaller packs for sale, the assessable value could not be determined by reference to the later retail-packed goods. Valuation turned on the form and condition of the goods at the time of removal, not on subsequent repacking or depot sales. On that basis, the duty demand and penalty founded on section 4A were unsustainable. Case-Laws Central Excise Mon, 17 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190801