Mrp valuation on goods

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2012 Dear Sir,

we are selling sealants for industrial use to end customer in small packets and bulk also.
can invoice without MRP valuation.

Rate : 1 x Qty 10 = 10/-
Ed- 12.36% 1.236/-


Kindly guide.

29 November 2012 If MRP is available on the goods then goods will be cleared under MRP valuation otherwise duty will be payable on transaction value.


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