Court Rules MRP-Based Duty on Imported Goods Incorrect Due to Lack of Indian Manufacturing and Legal Metrology Act Applicability.

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....Valuation of imported goods - misdeclaration - contemporaneous import value - the differential duty worked out and demanded from the appellant based on MRP of M/s EGPL is bad and untenable for the reason that the goods are not manufactured in India. Thus, there is no prescribed MRP by the manufacturer under the legal Metrology Act read with the rules thereunder.....