Abatement on mrp products
This query is : Resolved
Sumiti Jain
(Querist)
05 December 2012
What is the rate of abatement on Electric Switches that comes under MRP Products?
Ramalinga H.B
(Querist)
05 December 2012
Dear Experts,
Can a trust registered under FCRA do transfer the fund from its normal account to FCRA to keep the minimum balance? The law restrict to receive any other fund other than foreign contribution in FCRA Account. The trust do not receive any foreign contribution till today, but bank is asking them to close the account if they don't make any deposit in the account.
Can a trust registered under FCRA do transfer the fund from its normal account to FCRA to keep the minimum balance? The law restrict to receive any other fund other than foreign contribution in FCRA Account. The trust do not receive any foreign contribution till today, but bank is asking them to close the account if they don't make any deposit in the account.
Arun Kumar Singh
(Expert)
05 December 2012
35% Abatement will be available if voltage not exceeding 1000 volts under chapter heading 8536(except 85367000). other than tariff heading 8536 no abatement will be available even if you have to cleared the goods under MRP provision.
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