Excise duty on loose packing items
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 November 2012
Sir,
It is bring to your notice that our unit is a manufacturing and excisable unit. We sell material in packed boxes and charging excise on MRP less abatement 35%. Now, one our customers has approached us to purchase the material in loose packaging for project in Patiala. Kindly tell us on what price we have to charge excise(MRP OR OFFERED NET PRICE)
Treat it as most urgent.
awaiting reply.
It is bring to your notice that our unit is a manufacturing and excisable unit. We sell material in packed boxes and charging excise on MRP less abatement 35%. Now, one our customers has approached us to purchase the material in loose packaging for project in Patiala. Kindly tell us on what price we have to charge excise(MRP OR OFFERED NET PRICE)
Treat it as most urgent.
awaiting reply.
03 November 2012
In case of Loose material , Value Will be Transaction value Section 4 applicable.
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