| Date: |
24-05-2002
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| Notification No: |
Central Excise Circular No 639/2002
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| Issuing Authority: |
Central Excise
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| Type: |
Circular
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| File No: |
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| Subject: |
Section 4A of the Central Excise Act, 1944
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Section 4A of the Central Excise Act, 1944
Central
Excise Circular No. 639 dated 24th May 2002
I
am directed to say that doubts have been raised whether the provision of
Explanation 2(a) to Section 4A of the Central Excise Act, 1944 will apply in
cases where an assessee declared two MRPs on a package and crossed out one MRP
(generally the higher one) to show consumers that they would be saving by
purchasing the product at the reduced 2nd MRP. The crossed out MRP is
clearly visible.
(2)
The matter has been examined in the Board. It is observed, If more than
one retail sale prices is declared on a package, then the highest of the two
prices will prevail as per the provisions of Explanation 2 (a) to Section 4A,
even if one MRP is scored/ crossed out on the package.
(3)
This may be brought to the notice of the field formations.
(4)
Suitable Trade Notice may be issued for the benefit of the Trade.
(5)
Hindi version will follow.
(6)
Receipt of these instructions may be acknowledged.
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