2001 (6) TMI 355 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi rejected the Revenue's stay application and upheld the impugned order in favor of the assessee/respondent, who repacked products with different MRPs for different regions. The Tribunal ruled that if a container/packet has only one MRP, it should be assessed based on that price, applying Explanation 2 to Section 4A of the Act. The appeal by the Revenue was rejected based on the Larger Bench decision.