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Levy of Excise duty

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2011 Is excise duty applicable on products having MRP less than 299 ?
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Ashok Asthana

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Ashok Asthana (Expert)
26 May 2011 Applicability of excise duty has nothing to do with MRP. Excise is applicable on all manufactured items. matc box costs 50 paisa, still excise is applicable.
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