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Clearance to industrial consumers from depots

Central Excise - Started By: - SANDESH SHINDE - Dated:- 23-4-2015 Last Replied Date:- 24-4-2015 - Dear Sir,Please explain us regarding the following, we want to clear mrp based products to industrial consumers from our depot registered under excise. So in this case we will first do stock transfer to our depot and then from there it will be sold to industrial consumer.So for doing stock transfer what valuation is to be taken whether mrp based valuation as per section 4(a) or valuation under secti .....

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s are sold to customers from the depot on 15.4.2015. If there is no sale on 15.4.2015 then the price at which such goods sold at the depot nearest to 15.4.2015. this is in accordance with rule 7 of Central Excise Valuation (Determination of Price of Excisable goods) Rules, 2000 which states that - 7. Where the excisable goods are not sold by the assessee at the time and place of removal but are transferred to a dept, premises of a consignment agent or any other place or premises (hereinafter to .....

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