MRP VALUATION RULE

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..... MRP VALUATION RULE
Query (Issue) Started By: - SHIVKUMAR SHARMA Dated:- 9-5-2015 Last Reply Date:- 23-6-2015 Central Excise
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Central Excise
Dear Experts One of my friend mfg.t .....

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..... extile binders(Textile chemical) packed in small plastic bottle of 30 ML and 80 ML mentioning MRP of ₹ 18 and ₹ 38 respectively and the same is removed from the factory and Prepared the Ex .....

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..... cise Invoice @ ₹ 297 Per Kg..The Product is covered under central excise tariff sub heading No.39069030. Pls. Give your expert opinion whether this type of transaction is covered under MRP .....

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..... valuation rule. Presently we are clearing the goods on transaction value that is correct. Pls.give your opinion. Reply By Mehul Pandya: The Reply: If Rule 34 of the Standards of Weights and Measure .....

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..... s (Packaged Commodities) Rules, 1977 exempts the provisions of the rules as regards marking prices etc. and if it is found that the provisions of 1977 Rules will not apply in respect of the packages i .....

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..... n question then MRP will not apply.
Discussion Forum - Knowledge Sharing .....

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