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2022 (4) TMI 733 - SC - Central ExciseValuation of Central Excise Duty - argument of the appellant is that the mandate of Section 4A(2) obligates the taxing authority to assess the excise duty only in reference to the market selling price printed on the packing of the product - HELD THAT:- The submission of argument clearly overlooks the purport of expression “retail sale price” occurring in Section 4A. The non-obstante clause in Section 4A(2) will have to be construed in the context of the meaning of the expression “retail sale price” as elaborated in explanation (1). Taking that into account, the conclusion reached by the Tribunal needs no interference. Hence, the civil appeals are dismissed. Application disposed off.
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