Excise - Valuation u/s 4 C. E Act

Dear Jeevesh,
 

                               if there is no requirment of the declaration of the MRP on the pack under  Standards of Weights and Measures Act, 1976, the provisions of the section 4A of Central Excise Act, 1944 will not be applicable. for further clarification make mail to me sachinagarwalcallb @ gmail.com

Dear Mr. Jeevesh

Before answering, I would like to ask you what is the requirement to do so. Please creify the descripttion of product also.

Regards

Harendra Singh

Mr Jeevesh

Valuation u/s 4A (i.e., MRP based valuation)

Central govt may by the notification in Official Gazzete, specify any goods, in relation to which it is required to declare price of goods on package under Standards of Weights and Measures Act, 1976.

On such goods valuation will be done as precribed.

In your case, if your goods is notified and necessary to declare MRP value under SWMA Act, 1976 then  valuation of your goods will be done under Sec 4A of CEA, 1944 

Dear Sachin and rajesh,

Than ks for the advise but do we have any statutory provision as to wat  u have advised... because the client is seeking authentic proof for the same

regards

Ask your client to read Section 4A of the Central Excise Act. If he wants to read more, give him a copy of CBEC Circular 411/44/98-CX dated 31.07.1998, Circular 737/53/2003-CX dated 19.08.2003. Copies of these circulars are available on CBEC web site, www.cbec.gov.in

As per section 4A, the section 4A is applicable only when the goods are covered under standard and weight measurement act . Otherwise, section 4 will be apllicable