2015 (10) TMI 353 - SCH - Central Excise

MRP based Valuation of goods - Section 4A - Held that - Invoking the provisions of Section 4A of the Central Excise Act, 1944, the Revenue, for the purposes of excise duty, valued the said goods taking the maximum of the three MRPs mentioned on the packaging. This is clearly in consonance with Explanation 2(a) to Section 4A of the Act. - No error in order passed - Decided against assessee.

Summary

The Supreme Court upheld the Customs, Excise and Service Tax Appellate Tribunal's decision regarding the valuation of footwear for excise duty purposes under Section 4A of the Central Excise Act, 1944. The appeal was dismissed as it lacked merit.