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¹ [(iii) (a) 2 times the manufacturing cost plus Rs. 400 (Rupees Four Hundred Only) per bulk litre plus Customs Duty plus Sales Tax at the prevalent rate, if Maximum Retail Price does not exceeds Rs. 900 (Rupees Nine Hundred only);

(b) 2 times the manufacturing cost plus Rs. 300 (Rupees Three Hundred only) plus customs duty plus Sales Tax at the prevalent rate, if Maximum Retail Price exceeds Rs. 900 (Rupees Nine Hundred only) and does not exceed Rs. 6,000 (Rupees Six Thousand only);

(c) 2 times the manufacturing cost plus 5 per cent of Maximum Retail Price plus Customs Duty plus Sales Tax at the prevalent rate, if Maximum Retail Price exceeds above Rs. 6,000 (Rupees Six Thousand Only);

Example.―(a) If manufacturing cost of a 750 ml. wine bottle is declared as Rs. 100 (Rupees One Hundred only) having assessable value of Rs. 75 (Rupees Seventy Five only) then Maximum Retail Price of that Wine bottle is―

Rs. [2 X manufacturing Cost+Special Fee + Customs Duty+Sales Tax]
(for 750 ml of Wine) (160%) (25%)
Rs.[2X 100 + 300+120+155]
=[200+300+120+155]
=Rs. 755.

(b) If manufacturing cost of a 750 ml. wine bottle is declared as Rs. 500 (Rupees Five Hundred only), having assessable value of Rs. 400 (Rupees Four Hundred only), then Maximum Retail Price of that wine bottle is―

Rs. [2 X manufacturing Cost+Special Fee+Customs Duty+Sales Thx]
(for 750 ml of Wine) (160%) (25%)
Rs. [2 X 500+225 + 640+466.25]
=[1000 +225 +640+466.25]
=Rs. 233125.

M ((B) In case of sale to Canteen Stores Department (India) for supplies to the members of Armed Forces of India

(i) (a) 3.8 times the manufacturing cost if manufacturing cost per bulk liter of Foreign Liquor (Spirits), including imported liquor bottled in India, but excluding rum, does not exceed ^{3 4}[Rs. 120 (Rupees One Hundred twenty only)]⁴ plus Sales Tax at the prevalent rate;

¹ Subs. by G N. of 22-7-2009. ² Deleted by G N. of 30-10-2009.
³ Subs. by G N. of 13-4-2006. ⁴ Subs. by G N. of 23-1-2009.