Calculation and liability of duty

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..... Dear Sir,we have to import lub. oil in the packing of 200Ltr Drum for trading to service stations not to industry. In this regard please confirm:- 1-Is MRP is applicable on the same or not? 2.And what .....

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..... will be the duty calculation on both either it is under MRP or not? Matter is very urgent please confirm with your valuable views and also confirm about rules/section/nott./circular etc. for the same .....

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..... . - Reply By Rama Krishana - The Reply = Item described in the query is a specified goods as per Standards of Weight and Measurement Act as well as notified goods under section 4A of the central .....

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..... excise act . From the query also it appears you would sale the material in the packing condition to the buyers. Therefore, I think you have no option but to pay CVD on the basis of MRP at the time of .....

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..... import. - Calculation and liability of duty - Query Started By: - Jatinder Maan Dated:- 4-9-2009 Central Excise - Got 1 Reply - Central Excise - Discussion Forum - Knowledge Sharing, reply post by .....

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..... an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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