We are producing the sweet biscuit and chocolate products, the products are come to under section 4A (MRP base abatement) But we are not making the calculation of excise duty under section 4A,(MRP base abatement), we directly pay the excise duty on transaction value, and excise duty value is more than excise calcu. of abatement.
However excise department is saying that you have to make calculation of under section 4A, (MRP base Abatement ),
Actually we are having more than 400 products and it is difficult to calculation of all these in our excise software, so as we decided that pay the duty on transaction value,
Is there any clarification from department if somebody doesn’t want to take the abatement is like.
CAclubindia
