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MRP based product Excise- 2 category of clients

Central Excise - Started By: - Amit Maru - Dated:- 22-1-2017 Last Replied Date:- 23-1-2017 - Bottled water ProductThere are 2 type of customer Distributors- who eventually sale product to retailers shop and then retailer sale to public for end use. S .....

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ale to client. Like caterers use for wedding function and serve with food. These parties are not concerned with MRP.Scenario of packaging; 1 Ltr 500 ml 200 ml 20 Ltr A. Distributors MRP per Bottle 20 10 5 70 Basic Price 7 4.5 3.5 40 Assessable value .....

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ement) 5.5 3.3 2.2 27.5 Excise duty @12.5% on AV AV compare to Sale basic price Less Less Less Less Questions: On MRP based product - excise duty is calculated on Assessable Value (AV)- in case of LESS item, can we pay excise only on AV ? where AV is .....

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