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Excise duty on loose packing items

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Querist : Anonymous

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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.
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
03 November 2012 In case of Loose material , Value Will be Transaction value Section 4 applicable.

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