Dear All,
We are 2 mfg unit, clearance is MRP based product. one is main and another is branch. All goods are sold to customer from main unit only. Goods manufactured in branch coming to the main unit as finished and semi-finished and sold to customers from main unit only.
While removing goods from branch to main unit we are paying duty on MRP rate finished goods.? Is it ok? Or we need to pay 110% cost of goods for all items? MRP based duty is only for customers?
Is there any provision without pmt duty for inter unit transactions?
Pl provide ur valuable replies
Thanks in advance
Venkat