TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Excise Duty on Pre-Packaged Goods Calculated from MRP Minus Abatements as per Section 4A of Central Excise Act.</h1> Under Section 4A of the Central Excise Act, excise duty for specified commodities is calculated based on the Maximum Retail Price (MRP), minus any government-specified abatements. The Central Government issues notifications specifying which goods fall under this provision. The MRP-based valuation applies only to pre-packaged goods intended for retail sale, excluding wholesale items, industrial raw materials, and certain other exceptions. If multiple MRPs are declared, the highest is used for duty calculation. Goods must comply with the Standard Weights and Measures Act, and the MRP must be declared on packages unless the manufacturer voluntarily affixes it, in which case Section 4 applies.
TaxTMI 
TaxTMI 
