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.
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