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Central Excise - Highlights / Catch Notes

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Method of valuation - MRP based value or transaction value - on ...


Central Excise Valuation: Use Transaction Value for "Free Not for Sale" Goods Lacking MRP. Standards Act Not Applicable.

October 6, 2017

Case Laws     Central Excise     AT

Method of valuation - MRP based value or transaction value - on the pack no MRP mentioned and the packs also bore the mention that Free not for sale. Therefore, the provisions of Standards of Weights and Measures Act, 1976 and Rules made there under do not apply in such supplies.

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