Excise Duty Valuation Must Use Section 4A for Goods with MRP, Even When Sold to Institutions.

Excise Duty Valuation Must Use Section 4A for Goods with MRP, Even When Sold to Institutions. https://www.taxtmi.com/highlights?id=37556 Method of Valuation - valuation for of charging excise duty should be under Section 4A even though the goods are sold to the institutional buyer - even though the package of the goods is marked for industrial use but since the goods bore the MRP, the valuation should be done under Section 4A and not under Section 4 of the CEA, 1944. - AT en-us Tue, 16 Jan 2018 09:25:16 +0530 Tue, 16 Jan 2018 09:25:16 +0530 TaxTMI RSS Generator Excise Duty Valuation Must Use Section 4A for Goods with MRP, Even When Sold to Institutions. https://www.taxtmi.com/highlights?id=37556 Method of Valuation - valuation for of charging excise duty should be under Section 4A even though the goods are sold to the institutional buyer - even though the package of the goods is marked for industrial use but since the goods bore the MRP, the valuation should be done under Section 4A and not under Section 4 of the CEA, 1944. - AT Highlights Central Excise Tue, 16 Jan 2018 09:25:16 +0530 https://www.taxtmi.com/highlights?id=37556