Applicability of MRP based valuation for tooth paste & tooth powders and detergents - reg.

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.... tooth powders and detergents - reg.  I am directed to invite your attention to section 4A of the Central Excise Act, 1944, which provides for valuation of notified excisable goods with reference to retail sale price subject to certain conditions and limitations. 2. The Government has decided to apply the new scheme of charging excise duty on the basis of maximum retail price to al....

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.... notification in the official gazette. Notification Nos. 54/97-CE (N.T.) and 56/97-CE (N.T.) dated 18th september, 1997 have been issued allowing an abatement of 30% of the retail sale price (MRP) in respect of tooth paste and tooth powders falling under sub-heading No. 3306.10 and 35% of the MRP in respect of goods (detergents) falling under sub-heading Nos. 3401.20 and 3402.90 mentioned in para ....

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....refore, the value limits for full exemption or the concessional rate or the eligibility limit has to be computed with reference to the value as determined under section 4A. read with any notification issued under that section Notification Nos. 16/97-CE and 38/97-CE have already be suitably amended. Needless to say, the revised computation under section 4A has to be made only in respect of clearanc....