raising of demand contrary to approv clasifiction retrospvly
This query is : Resolved
24 June 2011
i have not understood why and when price list/classification are approved. and why demand will be raised retrospectively.
Thanks in advance
waiting for your reply.
Thanks in advance
waiting for your reply.
25 June 2011
Price list / classification is old pattern of excise records u/s 173G (Old), now SRP based units does not have to file price list unless they are availing abatement under MRP. and to avail abatement they have to file price lists and re-submit the same when it changes. any diff in price other than MRP price list would be subject to departmental proceedings and recovery of duties on diff amount.
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Short Term Gain Reporting ITR
- GST ISD Query on various AMCs
- TDS refund Indemnity Bond
- Computation of Dividend
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
