https://www.taxtmi.com/forum/issue?id=107901 Clearance of packaged goods to institutional or industrial buyers is exempt from retail MRP requirements under the Legal Metrology (Packaged Commodities) Rules; invoices containing buyer name, address and registration can substantiate institutional status. Where goods are cleared from depots on non MRP prices, authorities may require proof of bona fide institutional purchases, and absent such proof the assessee may be liable for duty differentials with interest and penalties and face enquiry into diversion to the open market. en-us Mon, 26 Jan 2015 13:55:57 +0530 Thu, 23 Jan 2025 15:57:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107901 Clearance of packaged goods to institutional or industrial buyers is exempt from retail MRP requirements under the Legal Metrology (Packaged Commodities) Rules; invoices containing buyer name, address and registration can substantiate institutional status. Where goods are cleared from depots on non MRP prices, authorities may require proof of bona fide institutional purchases, and absent such proof the assessee may be liable for duty differentials with interest and penalties and face enquiry into diversion to the open market. Discussion-Forum Central Excise Mon, 26 Jan 2015 13:55:57 +0530 https://www.taxtmi.com/forum/issue?id=107901