Abetment if the concentional duty is paid

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..... Abetment if the concentional duty is paid
Query (Issue) Started By: - Prakash Kulkarni Dated:- 4-7-2015 Last Reply Date:- 4-7-2015 Central Excise
Got 1 Reply
Central Excise
One of my cli .....

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..... ent who is selling products like Chicken Cocktail Sausages, Chicken Frankfurters, Cocktail Sausages, Frankfurters, Goa Pork Sausages, under tariff head 16010000,16041310 etc., are charging 2% duty wit .....

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..... hout availing CANVAT credit. However, they take abetment of 35% and charge 2% on only 65% of MRP. Is this is right? Pls email your opinion to [email protected] Reply By B. Naga Rami Reddy: T .....

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..... he Reply: Sir, Payment of duty at 2% after availing abatement of 35% is ok as per Sl.No.110 of the MRP Notification No.49/2008-CE(Nt) as amended.
Discussion Forum - Knowledge Sharing .....

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