TaxTMI 
TaxTMI 
Calculation and liability of duty
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....alculation and liability of duty<br> Query (Issue) Started By: - Jatinder Maan Dated:- 4-9-2009 Last Reply Date:- 7-9-2009 Central Excise<br>Got 1 Reply<br>Central Excise<br>Dear Sir,we have to import....
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.... lub. oil in the packing of 200Ltr Drum for trading to service stations not to industry. In this regard please confirm:- 1-Is MRP is applicable on the same or not? 2.And what will be the duty calculat....
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....ion on both either it is under MRP or not? Matter is very urgent please confirm with your valuable views and also confirm about rules/section/nott./circular etc. for the same. Reply By Rama Krishana:....
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.... The Reply: Item described in the query is a specified goods as per Standards of Weight and Measurement Act as well as notified goods under section 4A of the central excise act. From the query also i....
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....t appears you would sale the material in the packing condition to the buyers. Therefore, I think you have no option but to pay CVD on the basis of MRP at the time of import.<br> Discussion Forum - Kno....
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