How to identify assessable value of bags

This query is : Resolved

Vishal Agarwal (Querist)
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09 April 2013 Hi Experts, Please Help

How to Identify at what Price will be the Excise Applicable

For Example
Product is Bag = Cost is 1200 and MRP is 2400/-

if i have to Transfer it to my Branch on wht Value will i have to Pay Excise

if i have to Transfer to Third party with 20% Margin on What Value will i have to Pay Excise.

Please Help Urgent

Arun Kumar Singh

Arun Kumar Singh (Expert)
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09 April 2013 If MRP is available on the goods then you will clear the goods and pay the duty after abated value under section 4A of central excise act. Your transaction value will be any thing but duty will be paid after abatement.