https://www.taxtmi.com/caselaws?id=445476 CESTAT Mumbai held that excise duty valuation cannot be based on maximum retail selling price (RSP) when goods are imported and subsequently repacked. The tribunal clarified that Standards of Weights and Measures Act/Legal Metrology Act mandates RSP affixing for consumer protection, not for duty determination by excise officials. Since repacking constitutes manufacture, it creates new excisable goods subject to section 4A valuation under Central Excise Act 1944. With only one RSP declaration post-manufacture, Explanation 2(a) regarding multiple prices doesn't apply. The demand was set aside and appeal allowed. en-us Mon, 06 Nov 2023 00:00:00 +0530 Wed, 08 Nov 2023 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445476 CESTAT Mumbai held that excise duty valuation cannot be based on maximum retail selling price (RSP) when goods are imported and subsequently repacked. The tribunal clarified that Standards of Weights and Measures Act/Legal Metrology Act mandates RSP affixing for consumer protection, not for duty determination by excise officials. Since repacking constitutes manufacture, it creates new excisable goods subject to section 4A valuation under Central Excise Act 1944. With only one RSP declaration post-manufacture, Explanation 2(a) regarding multiple prices doesn't apply. The demand was set aside and appeal allowed. Case-Laws Central Excise Mon, 06 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445476