MRP Rule under Excise...!

Hi..............

             Sir plz read section 3(2) of CENTRAL EXCISE ACT 1944 with CENTRAL EXCISE RULE2000

Dear Mr.Mukesh...Thanks for the reply i will check accordingly....

Well Rajeev, Excise Law is not concerned with your packing. You can pack any quantity as per your commercial requirement, and excise law has nothing to do with it.

However, if your packing is a retail packing, i.e. to be sold to retail consumers as pre packaged commodity; you need to follow Standard of Weights & Measures Act and Rules made thereunder. Standard of Weights & measures (Packaged Commodities) Rules gives various requirements of pre packaged commodity intended for retail sales.

If you are covered under these rules, and a notification has been issued under Section 4A of the Central Excise Act, the valuation for the purposes of Central Excise duty will be done as per Section 4A of the Central Excise Act.

There is no prohibition under Excise Law to sell same product at different prices to different consumer or to same consumer at different time. Valuation will be done accordingly.  

Thanks for your expert comments...Mr.Rajesh Kumar

yes i do agree with rajeev sir...& if the manufacturer is charging different MRP from different consumer then for calculating the excise duty we have to take the highest value....