https://www.taxtmi.com/caselaws?id=464093 Imported truck refrigeration units declared for exclusive use by the transport industry were treated as outside MRP-based valuation because they were not intended for retail sale. Packaged commodities meant for industrial or institutional consumers fall outside the MRP declaration framework, and the Tribunal followed its earlier view that goods cleared in bulk to industrial consumers are not assessable on MRP basis. As a result, additional customs duty had to be assessed on transaction value under Section 4 rather than on MRP basis under Section 4A. en-us Fri, 25 Oct 2024 00:00:00 +0530 Sat, 04 Oct 2025 18:15:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464093 Imported truck refrigeration units declared for exclusive use by the transport industry were treated as outside MRP-based valuation because they were not intended for retail sale. Packaged commodities meant for industrial or institutional consumers fall outside the MRP declaration framework, and the Tribunal followed its earlier view that goods cleared in bulk to industrial consumers are not assessable on MRP basis. As a result, additional customs duty had to be assessed on transaction value under Section 4 rather than on MRP basis under Section 4A. Case-Laws Customs Fri, 25 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464093