my client sold pressure cooker at 300 to his distributor where MRP on Pressure Cooker 700 so my question is " whether i should pay duty on MRP Valuation or Transaction Value ?"
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Excise duty on pressure cooker
Replies (2)
Sir,
In my view if goods remove the factory premises on MRP bases the procedure fellow as MRP. I Hope this is the wight way.
Thanking you
( Harendra Kumar )
Yes, Agree with Harender sir.
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