Central Excise - Notification No. 201/85-C.E., dated 2-9-1985 as amended - Applicability of effective rates - Clarification regarding

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....ated 5-10-1988 [From F. No. 81/65/87-CX.3] Government of India Ministry of Finance (Department of Revenue) New Delhi Subject : Central Excise - Notification No. 201/85-C.E., dated 2-9-1985 as amended - Applicability of effective rates - Clarification regarding. Attention is invited to Notification No. 201/85-C.E., dated 2-9-1985, as amended (since rescinded), which prescribed con....

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.... in the Direcorate of Inspection and Audit (Customs and Central Excise). 4. Explanation IV to this notification defined 'sale price' in relation to a package of cigarettes as the maximum price (exclusive of local taxes only) at which such package may be sold in accordance with the declaration made, in print, on such package. In other words, by virtue of this notification, the effective rates of....

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....ion has arisen that if the declaration of maximum printed sale price on a cigarette package was not found to be bona fide then whether the duty in such cases would be levied at the rate as prescribed in the said notification corresponding to the price at which the cigarettes were actually sold or at tariff rates. 8. The issue was twice referred to the Ministry of Law for their considered opinio....