https://www.taxtmi.com/caselaws?id=379779 Section 4A MRP-based valuation applies only where retail sale price is relevant under the pricing framework and the goods are offered for retail sale. Medicaments marked as hospital supply or not for sale, and cleared to institutional buyers, were treated as outside that retail-sale scheme. Routing the goods through dealers or distributors did not alter their institutional character or convert them into retail sales. The commentary therefore states that the retail-price requirement under the Drugs (Prices Control) Order, 1995 cannot be ignored, and MRP valuation is not attracted to non-retail institutional clearances. en-us Mon, 06 May 2019 00:00:00 +0530 Wed, 08 May 2019 07:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379779 Section 4A MRP-based valuation applies only where retail sale price is relevant under the pricing framework and the goods are offered for retail sale. Medicaments marked as hospital supply or not for sale, and cleared to institutional buyers, were treated as outside that retail-sale scheme. Routing the goods through dealers or distributors did not alter their institutional character or convert them into retail sales. The commentary therefore states that the retail-price requirement under the Drugs (Prices Control) Order, 1995 cannot be ignored, and MRP valuation is not attracted to non-retail institutional clearances. Case-Laws Central Excise Mon, 06 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379779