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TMI BlogIndustrial/Institutional salesX X X X Extracts X X X X X X X X Extracts X X X X ..... Sir, i am working for the cement Company. We have different Excise Structure Trade /Non trade. for Trade Parties. Mrp rate is appicable. ex rate 12%+ADV Rs.120/- P/Mt. For Non trade Parties Excise duty on Transaction value is applicable. Here there is no specfic duty will be appilicable.No. Rs.120/- Advalerm Recently i have observed that our Marketing office is sending the material to some ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the parties with the excise rate of Non trade.12% on transaction value. for showing a party Trade /non trade what are points need to be observed. and its excise Notification No. Have we to collect any declaration or certification from the party that they are insitution/Industrial How to identify a party industrial/ Institutional/Mere trader. Kindly gude me in this. Regards, - Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Pradeep Khatri - The Reply = While issuing Sale Order or receiving Purchase Orders to/from your potential customers, you may ask them, what would be the usage of Cement for them, whether Institutional or Re-Selling. As there is no requirment to mention the MRP on the goods intended for the institutional purpose under Legal Meterology Act, therefore, by discussing or by obtaining the Undertakin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g you may get rid off, this requirement to mention MRP on the Institutional packagings. - Industrial/Institutional sales - Query Started By: - RAJ KUMAR RAJKUMAR Dated:- 18-2-2013 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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