MRP is Rs 190 & P O Quote Rs 225, Central Excise

[Avinash Bhavsar]

Dear Sir,

Customer has given us the Purchase Order of Automobile Spare Os Rs 225 each but MRP is Rs 190 which rate is applicable for Excise Duty charge please gudie and under rule.

Posts / Replies

[Pradeep Khatri]

If you bill at Rs. 225 then you would have to pay the duty on 225.  It is advisable to get the PO amended to the extent of MRP of Rs. 190/- if you able to make profits while selling on Rs. 190/-