https://www.taxtmi.com/caselaws?id=753074 MRP-based valuation under section 4A of the Central Excise Act applies only where the packaged commodity satisfies the notification conditions on net content; the gross weight of the pouch, including a free lime tube, cannot be used to cross the prescribed threshold. On that basis, valuation on the Revenue's gross-weight approach was not sustainable. The extended period of limitation was also unavailable because the manufacturer was registered, had filed declarations and returns, and had disclosed the packing arrangement, with departmental visits recorded; the ingredients for suppression or similar culpable conduct were not established. The discussion concludes that the valuation demand and penalty did not survive on the stated facts. en-us Mon, 29 Apr 2024 00:00:00 +0530 Fri, 24 May 2024 08:27:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753074 MRP-based valuation under section 4A of the Central Excise Act applies only where the packaged commodity satisfies the notification conditions on net content; the gross weight of the pouch, including a free lime tube, cannot be used to cross the prescribed threshold. On that basis, valuation on the Revenue's gross-weight approach was not sustainable. The extended period of limitation was also unavailable because the manufacturer was registered, had filed declarations and returns, and had disclosed the packing arrangement, with departmental visits recorded; the ingredients for suppression or similar culpable conduct were not established. The discussion concludes that the valuation demand and penalty did not survive on the stated facts. Case-Laws Central Excise Mon, 29 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753074