any notication against supply to govt agencies on rate contract basis thru tender not appliacable MRP Procedure

[nandankumar roy]

Dear Sir,

we are procuring order through tender for supply of medicines to various govt supply body& ESIC where  contract  rate applicable only not on MRP Basis & we are doing the same since last 15 years. But recently excise audit team questioning why you are selling on rate contact instead of MRP and asking for any notification or guide from govt. Now what we should give reply regarding this query. Pl help.

AI Summary

MRP-based excise valuation applies only where Legal Metrology packaging rules apply; institutional bulk supplies typically avoid MRP assessment.
MRP-based excise valuation applies only where the Legal Metrology packaging rules apply and goods are subject to MRP assessment; bulk or institutional sales not intended for retail typically fall outside those packaging rules and therefore do not attract MRP valuation. Sellers should verify exemptions, preserve facts showing institutional supply, and consult local Legal Metrology authorities because failure to print MRP when required could breach both packaging and excise obligations.