https://www.taxtmi.com/forum/issue?id=111637 Repacking of excisable finished goods is a manufacturing process whose cost must be taken into account for valuation and duty on the final product; a captively invoiced removal for repacking and subsequent return to finished goods, reflected in periodic returns, is the practical procedure. For products valued on MRP, such as specified medicaments, duty is computed on MRP after the applicable abatement and repacking value must be included in the declared MRP. Return revision deadlines must be observed. en-us Thu, 16 Mar 2017 15:53:22 +0530 Thu, 23 Jan 2025 15:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111637 Repacking of excisable finished goods is a manufacturing process whose cost must be taken into account for valuation and duty on the final product; a captively invoiced removal for repacking and subsequent return to finished goods, reflected in periodic returns, is the practical procedure. For products valued on MRP, such as specified medicaments, duty is computed on MRP after the applicable abatement and repacking value must be included in the declared MRP. Return revision deadlines must be observed. Discussion-Forum Central Excise Thu, 16 Mar 2017 15:53:22 +0530 https://www.taxtmi.com/forum/issue?id=111637