https://www.taxtmi.com/caselaws?id=377202 Footwear covered by the MRP-based valuation scheme remained assessable under section 4A where retail sale price particulars were shown through stickers, because sticker-based marking did not take the goods outside the statutory framework. The exemption under Notification No. 5/2006-CE was unavailable because the notification required the retail sale price to be indelibly marked or embossed on the footwear, and strict compliance with exemption conditions was not met on the record. On that footing, the extended period invocation and the consequential penalty were sustained, as the filings did not disclose the true nature of the marking. en-us Wed, 20 Mar 2019 00:00:00 +0530 Tue, 26 Mar 2019 09:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377202 Footwear covered by the MRP-based valuation scheme remained assessable under section 4A where retail sale price particulars were shown through stickers, because sticker-based marking did not take the goods outside the statutory framework. The exemption under Notification No. 5/2006-CE was unavailable because the notification required the retail sale price to be indelibly marked or embossed on the footwear, and strict compliance with exemption conditions was not met on the record. On that footing, the extended period invocation and the consequential penalty were sustained, as the filings did not disclose the true nature of the marking. Case-Laws Central Excise Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377202