Goods Valuation Under Central Excise Act: Section 4A MRP Rule Overrides Section 4 for Specified Items.

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Full Text of the Document

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....Method of valuation - requirement to print MRP - Once the goods are specified by the Central Government in the Notification issued under Sub-Section (1) of Section 4A of Central Excise Act, 1944, the provisions of Section 4 of Central Excise Act, 1944 are not operational in respect of such goods....