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2018 (6) TMI 75 - AT - Central ExciseMethod of valuation - MRP based value or transaction value - Description of the goods - Classification - Applicability of section 4A to 'FINIT' cleared by Hindustan Petroleum Corporation Ltd - insecticides or mosquito repellants - scope of Notification issued under section 4A - Held that:- Every product classified in 3808 10 of the Schedule of the Central Excise Tariff act, 1985 would not be liable to assessment under section 4A owing to the general nature of the said heading while the abatement notification is specific to mosquito repellants. Among the various goods classified under that heading, mosquito repellants are normally purchased by individual consumer while the other goods that may be classified therein have commercial application. The intent of the notification is to subject goods that require state intervention for protection of consumers to be taxed on the basis of printed price. That according to us, is the touchstone for determining the relevance of the valuation provision. - Decided against Revenue.
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