Valuation of excise if different MRP's printed

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....aluation of excise if different MRP's printed<br> Query (Issue) Started By: - VAMSI KRISHNA Dated:- 13-12-2016 Last Reply Date:- 14-12-2016 Central Excise<br>Got 4 Replies<br>Central Excise<br>Dear All, Our Client engagged in manufacture of ice creams. HSN num 21050000. They are producing finished goods in unit A and entire produced goods are transferred to warehouse by paying duty (Since date o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f remonal is taxable event in excise). While paying duty they are unaware that where it is going to be sold. They store goods in warehouse and based on orders they supply to different places in india. But every product bears two MRP&#39;s like &#39;if sold in Karnataka&#39; and &#39;Rest of india&#39;. They discharging duty based on MRP &#39;If sold in Karnataka&#39;. the MRP of karnataka is alway....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s less than the MRP if sold rest of india. As per the provisions of excise act When different retail sale prices are declared on different packages, each such retail price shall be the 'retail sale price' for purposes of valuation of excisable goods intended to be sold in area to which the retail price relates - [Explanation 2(c) to Section 4A(4)]. Now my question is what MRP they should conside....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r for the purpose of valuation of excise ???? Kindly mentioned relevent case laws and judgements???? Reply By KASTURI SETHI: The Reply: Sh.Vamsi Krishna Ji, Why are you not satisfied with &#39;each such retail price&#39; ? Go through the following case laws:- 1. 2008(223)ELT/556(CESTAT) = 2008 (1) TMI 65 - CESTAT, AHMEDABAD Gujarat Goldcoin Ceramics 2. 2009 (235)ELT/171 = 2008 (11) TMI 99 - ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....CESTAT, AHMEDABAD CESTAT Bell Granito Ceramics There are so many judgements on the issue. On the basis of these case laws, so many cases have been decided in favour of assessees. Reply By Ganeshan Kalyani: The Reply: I have gone through the case laws. They are very useful to fight the case where different MRP is mentioned on different product sold in different States . The law does not provides....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... that the location where the goods are to be sold to be mentioned on the packing of the goods. If separate MRP is mentioned on separate product then each such price is MRP. And if two MRP is mentioned on single product then maximum of both shall be the MRP . Thanks Sri Kasturi Sir for enriching knowledge by sharing the case law. Thanks . Reply By KASTURI SETHI: The Reply: Sh.Kalyani Ji, You ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....have also gone to the root of the problem. Reply By Ganeshan Kalyani: The Reply: Yes Sir , the issue is very interesting . Thanks.<br> Discussion Forum - Knowledge Sharing ....