Abatement as a percentage of retail sale price

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....Abatement as a percentage of retail sale price<br> Query (Issue) Started By: - Kishan Barai Dated:- 20-3-2016 Last Reply Date:- 20-3-2016 Other Topics<br>Got 2 Replies<br>Indian Laws<br>Respected Sir....

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..../ Madam &quot;what is Abatement as a percentage of retail sale price ? &quot; I have tried to google it but unable to get accurate answer, please help. Thank you in advance. Reply By Ganeshan Kalya....

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....ni: The Reply: MRP is always higher than the transaction value because it is the maximum price to be collected from ultimate customer. There are two types of value on which excise duty is to be calcu....

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....lated. One is on advolrem rate and second is MRP. The abatement rate is given in Notification No. 49/2008-Ce (NT). Thanks. Reply By Kishan Barai: The Reply: Thank you very much Ganeshan Kalyani Sir ....

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....for a prompt response. Thanks a lot.<br> Discussion Forum - Knowledge Sharing ....