https://www.taxtmi.com/forum/issue?id=1456 CIF value with prescribed additions is the base for calculating Basic Customs Duty. For CVD equal to BED, an MRP declaration is required; absence of MRP may result in customs refusing clearance or confiscation, though importers may, with permission, declare MRP/RSP before clearance. The Packaged Commodities Rules typically do not apply to bulk industrial supplies; imports in bulk for repacking or labelling before sale ordinarily do not require MRP at import, which is a factual determination. en-us Mon, 31 Aug 2009 13:41:34 +0530 Thu, 23 Jan 2025 15:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1456 CIF value with prescribed additions is the base for calculating Basic Customs Duty. For CVD equal to BED, an MRP declaration is required; absence of MRP may result in customs refusing clearance or confiscation, though importers may, with permission, declare MRP/RSP before clearance. The Packaged Commodities Rules typically do not apply to bulk industrial supplies; imports in bulk for repacking or labelling before sale ordinarily do not require MRP at import, which is a factual determination. Discussion-Forum Central Excise Mon, 31 Aug 2009 13:41:34 +0530 https://www.taxtmi.com/forum/issue?id=1456