Rule 10 a of excise
This query is : Resolved
J DAMODARAN
(Querist)
25 December 2014
Dear Sir,
Please explain the Rule 10A of Excise.
thanks
Please explain the Rule 10A of Excise.
thanks
RAMESH KUMAR VERMA
(Expert)
27 December 2014
In case of job work, duty is payable by job worker. Valuation is done on the basis of price at which raw material supplier (Principal Manufacturer) sales the manufactured final product in market [Rule 10A]. If goods are covered under MRP valuation provisions, duty is payable on MRP basis.
more info:
https://www.cbec.gov.in/excise/cx-circulars/cx-circulars-09/902-2k9cx.htm
for any query please ask...
ramesh
more info:
https://www.cbec.gov.in/excise/cx-circulars/cx-circulars-09/902-2k9cx.htm
for any query please ask...
ramesh
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