DRAFT - MRP based levy of excise duty on certain goods - regarding

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....with effect from 1 st May, 2006. 2. As per section 4A of the Central Excise Act, 1944, the Central Government is required to prescribe abatement from the retail sale price to arrive at the assessable value for levy of excise duty. 3. In order to enable the Advisory Committee on Abatement to take a view on the extent of abatement for the aforementioned goods under the said section, it is requ....