https://www.taxtmi.com/caselaws?id=349053 Branded paints cleared in the same retail packages bearing MRP remained liable to valuation under section 4A of the Central Excise Act, 1944, even when supplied to industrial or institutional buyers under contract. The decisive factor was that the goods retained their character as marketable retail packages; supply to institutional customers did not change the valuation basis. The settled principle applied was that where packaged commodities are subject to MRP declaration, section 4A governs valuation rather than section 4. The valuation adopted by the Commissioner (Appeals) was upheld and the demand based on section 4 valuation did not survive. en-us Thu, 28 Sep 2017 00:00:00 +0530 Mon, 06 Nov 2017 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349053 Branded paints cleared in the same retail packages bearing MRP remained liable to valuation under section 4A of the Central Excise Act, 1944, even when supplied to industrial or institutional buyers under contract. The decisive factor was that the goods retained their character as marketable retail packages; supply to institutional customers did not change the valuation basis. The settled principle applied was that where packaged commodities are subject to MRP declaration, section 4A governs valuation rather than section 4. The valuation adopted by the Commissioner (Appeals) was upheld and the demand based on section 4 valuation did not survive. Case-Laws Central Excise Thu, 28 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349053