https://www.taxtmi.com/caselaws?id=54330 Water bottles cleared in wrapper packs of 12, with maximum retail price printed on the wrapper rather than on each bottle, constitute packaged commodities suitable for retail sale. The definition of packaged commodity includes goods packed in a bottle, wrapper or other unit suitable for sale. Accordingly, retail packs bearing MRP on the wrapper are subject to MRP-based valuation under Section 4A of the Central Excise Act, rather than transaction-value assessment under Section 4. en-us Tue, 05 Apr 2005 00:00:00 +0530 Tue, 19 Oct 2010 13:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54330 Water bottles cleared in wrapper packs of 12, with maximum retail price printed on the wrapper rather than on each bottle, constitute packaged commodities suitable for retail sale. The definition of packaged commodity includes goods packed in a bottle, wrapper or other unit suitable for sale. Accordingly, retail packs bearing MRP on the wrapper are subject to MRP-based valuation under Section 4A of the Central Excise Act, rather than transaction-value assessment under Section 4. Case-Laws Central Excise Tue, 05 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54330