https://www.taxtmi.com/caselaws?id=46318 Section 4A valuation under the Central Excise Act is governed by the retail sale price declared on the relevant package, subject to the statutory abatement. Explanation 2 must be read consistently with the charging provision and applies to multiple retail sale prices declared on the same package, not to different packages printed for different regions. The later substituted Explanation 2 clarified that where different regional prices appear on different packages, each price governs valuation for the area to which it relates. A declaration form under rule 173C(2A) could not enlarge the charging provision or displace the statutory valuation basis, so the local price on the package controlled. en-us Thu, 14 Mar 2002 00:00:00 +0530 Sat, 17 Jul 2010 11:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46318 Section 4A valuation under the Central Excise Act is governed by the retail sale price declared on the relevant package, subject to the statutory abatement. Explanation 2 must be read consistently with the charging provision and applies to multiple retail sale prices declared on the same package, not to different packages printed for different regions. The later substituted Explanation 2 clarified that where different regional prices appear on different packages, each price governs valuation for the area to which it relates. A declaration form under rule 173C(2A) could not enlarge the charging provision or displace the statutory valuation basis, so the local price on the package controlled. Case-Laws Central Excise Thu, 14 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46318