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Home News Commentaries / Editorials Month 5 2009 2009 (5) This

Request for comments of Trade and Industries on the proposal to modify the present abatement rates for products assessed under Section 4A (RSP based assessment).

3-5-2009
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CBEC has issued a circular F No.6/15/2007-CX.I dated 30-4-2009 seeks to reduce the rates of abatement for six items under section 4A of central excise act, 1944 (MRP based Assessment).

These six commodities / items are:

(i) Paints;

(ii) Colour TV;

(iii)Aerated Water;

(iv) Ceramic Tiles;

(v) Cosmetics; and

(vi) Lubricants.

CBEC invites the comments and suggestion from the trade and industry.

The comments of the Department, Associations and Industries may kindly be sent by post alongwith the documents to Shri Sanjiv Srivastava, Director(CX-1/4), Room No.47-B , Department of Revenue, Central Board of Excise & Customs, Ministry of Finance, North Block, New Delhi-110001. Comments along with any additional data that needs to be considered in excel format, may also be sent by e-mail to ashimairs @ yahoo.co.in or to sandevpan@gmail.com.

Also see:

Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules, 2008

MRP - Abatement as a percentage of retail sale price

Section 4A of central excise act, 1944

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