Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Subject: Price declaration — Rule 173C of C.Ex. Rules, 1944 – modified for commodities notified under Section 4A
It is directed to refer to the Board’s Circular No. 459/25/99-CX dated 8.6.99 whereby the “Proforma of Declaration” under rule 173C relating to commodities notified under section 4A has been specified. Your attention is drawn to Note (2) in the Said Proforma (which was based on erstwhile Explanation 2 to section 4A) wherein it is mentioned that in case of different retail sale price for different regions/States, the highest of all such retail sale prices shall be mentioned in Column 5 of the Declaration”. Now, in the Finance Act, 2000, which came into effect from 12th May, 2000, the explanation 2 to section 4A has been modified. It reads as under:
“(a) Where on the package of any excisable goods more than one retail sale price is declared, the maximum of such retail sale price shall be deemed to be the retail sale price for the purposes of this section.
(b) Where different retail sale prices are declared on different packages for the sale of any excisable goods in packaged from in different areas, each such retail sale/price shall be the retail sale price for the purpose of valuation of the excisable goods intended to be sold in the area to which the retail sale price relates”.
2. In view fo the aforesaid amendment in section 4A, it has been decided by the Board to omitt Note (2) in the “Proforma of Declaration” specified under Circular No. 459/25/99-CX dated 8.6.99 with effect from 12th May, 2000. Wherever necessary,the assessees may file a fresh declarationa as per new provisons.