Where extra amounts are collected from the ultimate consumers as local taxes, octroi, freight, etc. the RSP declared cannot be considered to be the sole consideration for sale to the ultimate consumer. Hence, in such cases, specific rates of excise duty will require to be collected on such colour TVs

Where extra amounts are collected from the ultimate consumers as local taxes, octroi, freight, etc. the RSP declared cannot be considered to be the sole consideration for sale to the ultimate consumer. Hence, in such cases, specific rates of excise duty will require to be collected on such colour TVs https://www.taxtmi.com/circulars?id=242 Where extra amounts are recovered from ultimate consumers beyond the price printed on colour TV packages, the printed price cannot be treated as the Retail Sale Price that is the sole consideration. The manufacturer must determine RSP inclusive of manufacture cost, distribution, taxes, freight, dealer commission and warranty charges. If consumers pay more than the declared package price because of transportation, local taxes, octroi or similar add ons, duty must be computed at the specific rates of excise duty prescribed for such cases. en-us Mon, 23 Nov 1998 00:00:00 +0530 Mon, 22 Sep 2008 18:21:00 +0530 TaxTMI RSS Generator Where extra amounts are collected from the ultimate consumers as local taxes, octroi, freight, etc. the RSP declared cannot be considered to be the sole consideration for sale to the ultimate consumer. Hence, in such cases, specific rates of excise duty will require to be collected on such colour TVs https://www.taxtmi.com/circulars?id=242 Where extra amounts are recovered from ultimate consumers beyond the price printed on colour TV packages, the printed price cannot be treated as the Retail Sale Price that is the sole consideration. The manufacturer must determine RSP inclusive of manufacture cost, distribution, taxes, freight, dealer commission and warranty charges. If consumers pay more than the declared package price because of transportation, local taxes, octroi or similar add ons, duty must be computed at the specific rates of excise duty prescribed for such cases. Circulars Central Excise Mon, 23 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=242