https://www.taxtmi.com/caselaws?id=53875 Where excisable goods bear more than one declared retail sale price on the same package, assessment under Section 4A of the Central Excise Act, 1944 must be made on the highest declared price. The assessee's argument based on multiple printed prices failed, because the valuation rule for different prices on different packages did not apply to the same package. Penalty was set aside, as the dispute turned on interpretation of the valuation provision rather than on conduct warranting penal action. The demand was therefore sustained, with relief granted only on penalty. en-us Thu, 10 Feb 2005 00:00:00 +0530 Fri, 15 Oct 2010 16:33:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53875 Where excisable goods bear more than one declared retail sale price on the same package, assessment under Section 4A of the Central Excise Act, 1944 must be made on the highest declared price. The assessee's argument based on multiple printed prices failed, because the valuation rule for different prices on different packages did not apply to the same package. Penalty was set aside, as the dispute turned on interpretation of the valuation provision rather than on conduct warranting penal action. The demand was therefore sustained, with relief granted only on penalty. Case-Laws Central Excise Thu, 10 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53875