excise for diffrence mrp.

[Anil Jangid]

I am a Manufacturer and My products are under excise, but not under MRP Based Excise. Can I have different MRPs for the same product? And what will be the Excise implication.

AI Summary

Clarification Sought on Multiple MRPs for Same Product; Section 4A of Central Excise Act Cited for Compliance. A manufacturer inquires about the possibility of having different MRPs for the same product and the excise implications. One respondent states that different MRPs are not permissible unless specified under Section 4A of the Central Excise Act, warning of penalties for incorrect valuation methods. Another respondent suggests that different MRPs are possible for corporate versus retail sales and across different states. A third respondent notes the practice of varying MRPs in contexts like malls versus retail markets, citing cold drinks as an example.