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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- EPF ECR NEW FILE SEP 17TH 2026
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- Import of Software Service.
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- GST Audit whether Govt Companies are exempt?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
