banner_ad

Abatement on biscuit and chocolate products

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 November 2011 Hi,

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.

OR
Can you please suggest on the matter,

Profile Image

Pradeep Jain

Profile Image

Pradeep Jain (Expert)
12 November 2011 There is no provision in Central Excise to pay duty on transaction value when the MRP based valuation is applicable on your product.
Profile Image

Tapas Ruparelia

Profile Image

Tapas Ruparelia (Expert)
12 November 2011 Department action is correct. No such provision is there to have an alternate valuation. MRP basis valuation is compulsory!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details