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Abetment if the concentional duty is paid, Central Excise |
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Abetment if the concentional duty is paid |
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One of my client 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 without 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 sujayconsultancy@gmail.com Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
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. Page: 1 Old Query - New Comments are closed. |
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