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TMI BlogWHETHER PRODUCT COVER UNDER MRPX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts Please note that we are manufactring adhesives of acrylic co polymers packed in 30 ML 80 ML for use in textile Persently we are preparing invoice of transaction value not on MRP Based valuation.on bottle of 30 mL MRP mention ₹ 18/- on 80 ML Mrp mention ₹ 38/- We are giving the example of Invoicing as under : 100 Kg ( 3125 bottle of 30 ML).Acrylic co polymer @ 30 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 = 300000 Excise duty 12 5% = 3750 Chapter No.39069030 Now Our Excise Officer Is telling that your Product is falling Under chapter heading 35061000 and you have to pay duty on MRP base Value after taking abatement of 35% and prepared invoice as under: 100 Kg ( 3125 bottle of 30 ML).Acrylic co polymer: 3125Bottle *18 = 56250 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Less : Abatement 35% 19688 Taxable value 36562 He telling that we have to pay excise duty on differential amount of 36562-30000 = 6562 *12,5 =820 Please give your expert legal opinion at the earliest possible. Thanks with regards SHIVKUMAR Sharma - Reply By KASTURI SETHI - The Reply = Sh.Shiv Kumar Sharma, H ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as the department given in writing ? Inputs/ingredients of both products are entirely different. I am of the view that you have correctly classified your product under Chapter/Heading/Sub-heading no.3906 90 30. If ingredients of the product falling under Chapter/Heading/Sub-heading No.3506 10 00 are different from the product falling under 3906 90 30 , then the function/usage of both the pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duct would also be entirely different. Do you not find any difference between the two regarding usage/function of both? Both the products have different ingredients and hence different usage/purpose/function and you have correctly classified your product and you r paying CE duty correctly on your product. If the officers of the department insist you to change your classification, get in writing. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Now a days the department is very strict regarding the issuance of SCN. So no chance of issuance of lame SCN. You can take decision keeping in view of the usage and function of the product. These are my views. I also expect views from other experts also. - Reply By surya narayana - The Reply = Dear Friend, I have one question to you that How strong you are on the classification under w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hich you are clearing your product presently. If you are strong , you may certainly prove using all the technical information considered by you that your classification is right and the classification suggested by the Department is wrong , your case would be strong. Pl. work on the above and challenge the department if you are confident. Regards Surya - Reply By KASTURI SETHI - The Reply = I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... strongly support the views of Sh. Surya Narayana, Sir. - Reply By MUKUND THAKKAR - The Reply = Please note that we are manufactring adhesives of acrylic co polymers packed in 30 ML 80 ML for use in textile . kindly confirm your product are you selling in general market ? or industries specific, if your product is industries specific, and not sales in open market, need not apply MRP base ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d valuation. please clearly putting stamp or label For Industrial Use Only in each pack. Dept never raise any query regarding MRP valuation. - Reply By SHIVKUMAR SHARMA - The Reply = Shri Sethi Sir In the central excise tariff 350691 is also mentioned as under. Please confirm whether our product is covered under MRP Valuation as our product is falling under tariff 39069030 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 350691 -- Adhesives based on polymers of headings 3901 to 3913 or on rubber: 350691 -- - Reply By MADAN RAHEJA - The Reply = Sir, Heading 3906 of Central Excise Tariff covers Acrylic Polymers in Primary Form. Any classificati ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on under further sub-heading/tariff item has to confirm this main heading. Thus if your product is acrylic polymer in primary form then sub-classification done by you is correct. However, if it is prepared glue or adhesive of this polymer,then classification would shift to Heading 3506 of CETA. As rightly said by experts, you have to see how strong you are on classification based on technical pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rameters of your product. - Reply By KASTURI SETHI - The Reply = Sh.Shiv Kumar Sharma Ji, You have not replied to my questions asked in my reply dated 18.3.2016. I have already perused both Chapters and sub-heading no. I have already opined. You must also reply to Sh. Mukund Thakkar, an expert's reply. There is substance in his cross question. If you want more ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... guidance, you please reply to the questions asked. - WHETHER PRODUCT COVER UNDER MRP - Query Started By: - SHIVKUMAR SHARMA Dated:- 18-3-2016 Central Excise - Got 7 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... 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