https://www.taxtmi.com/caselaws?id=359275 Valuation of the disputed goods depended on whether they were exigible to MRP-based assessment under Section 4A of the Central Excise Act, 1944 or to transaction value under Section 4. The analysis treated the State legal metrology authority's view as binding for Section 4A purposes, and noted that the packaged commodity rules were held inapplicable to bulk packs cleared for industrial use. In that setting, and in light of the Board circular and the earlier Bombay High Court position, there was no basis to insist on Section 4A valuation. The goods were therefore assessable under Section 4, and the Revenue's appeal failed. en-us Thu, 11 Jan 2018 00:00:00 +0530 Wed, 25 Apr 2018 19:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359275 Valuation of the disputed goods depended on whether they were exigible to MRP-based assessment under Section 4A of the Central Excise Act, 1944 or to transaction value under Section 4. The analysis treated the State legal metrology authority's view as binding for Section 4A purposes, and noted that the packaged commodity rules were held inapplicable to bulk packs cleared for industrial use. In that setting, and in light of the Board circular and the earlier Bombay High Court position, there was no basis to insist on Section 4A valuation. The goods were therefore assessable under Section 4, and the Revenue's appeal failed. Case-Laws Central Excise Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359275