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Central Excise - Highlights / Catch Notes

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MRP Based valuation - Valuation where MRP was not declared - ...

Central Excise

March 15, 2014

MRP Based valuation - Valuation where MRP was not declared - Rules 2008 is a curative provision to deal with a situation where the RSP is not declared or tampered with. Therefore, it is retrospective in nature. - AT

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