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Calculate ED incase of MRP sale

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(Querist)
07 January 2008 I have a formulation unit, and planning to get my products jobwork done and packed in my 'branded label' with MRP printed on it.

Pls. let me know what is the Excise Duty the jobworker charges in this case?

some body say '(MRP - 30%) x 16.48%' and others say it is '(MRP - 40%) x 16.48%'.

Kly. Guide me to right direction.

K.S.Senthilkumar
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Jitender

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Jitender (Expert)
02 February 2008 (MRP-ABATEMENT )*RATE OF DUTY

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