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Excise Duty on MRP

Central Excise - Started By: - A Wilson - Dated:- 29-9-2016 Last Replied Date:- 5-10-2016 - Dear Experts,Product MRP - ₹ 100Abatement - 30%Selling Price @ factory to Retail Dealer - ₹ 80/-Pls advice whether Excise Duty Payable on Rs.70 (After abatement of 30% on MRP ) or Excise Duty Payable on ₹ 80 ( Factory Gate Price)Thanks,A.Wilson - Reply By Rajagopalan Ranganathan - The Reply = Sir, If you sell the product at the MRP declared on the package then you have to pay duty on  .....

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