https://www.taxtmi.com/forum/issue?id=5331 Classification of purchasers as institutional/industrial or trade/reseller controls whether cement sales follow an MRP based excise structure or are charged on transaction value. To apply institutional/non trade treatment, the seller should ascertain the buyer's intended use when placing or receiving orders and obtain a written undertaking confirming institutional status. The Legal Metrology Act does not require MRP marking on goods intended for institutional purposes, so documenting customer classification and obtaining undertakings supports applying non MRP institutional packaging and the transaction value excise approach. en-us Mon, 18 Feb 2013 18:21:01 +0530 Thu, 23 Jan 2025 15:57:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5331 Classification of purchasers as institutional/industrial or trade/reseller controls whether cement sales follow an MRP based excise structure or are charged on transaction value. To apply institutional/non trade treatment, the seller should ascertain the buyer's intended use when placing or receiving orders and obtain a written undertaking confirming institutional status. The Legal Metrology Act does not require MRP marking on goods intended for institutional purposes, so documenting customer classification and obtaining undertakings supports applying non MRP institutional packaging and the transaction value excise approach. Discussion-Forum Central Excise Mon, 18 Feb 2013 18:21:01 +0530 https://www.taxtmi.com/forum/issue?id=5331