Excise duty

Hii radha,

Changes in the prices after removal of goods from factory does has no effect on the assessable value, hence if goods removed on payment of duty, based on declared price, subsequent reduction of price for whatever reason, would not create a claim for refund of Central Excise duty paid on the quantum of price reduced.

Similarly, no differential duty is payable if such goods are sold afterwards at higher prices.

Regards

RAGHAV

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radha

Raghav Toshniwal

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