retail price Rs ..... /र ...... inclusive of all taxes or in the form MRP Rs ...... /र...... incl., of all taxes after taking into account the fraction
required under these rules: Provided that for reducing the Maximum Retail Price (MRP), a sticker with the revised lower MRP (inclusive of all taxes ... affixed and the same should not cover the MRP declaration made by the manufacturer or the packer, as the case may be, on the label
value", the rates
concerning which may be summarized as under:-
Trait MRP TRAIT MRP TRAIT MRP TRAIT
Value/Unit (in rupees) VALUE (in VALUE ... rupees) rupees) (in
1 unit = 450 rupees)
g
Guj, Maha, 930≥MRP 163.28 930 < 163.28 + 1000 < 174.90
AP, Kar, MP, MRP 16.6% MRP
does not have the power to
monitor the Maximum Retail Price (MRP) however,
the transportation rates/tariff would indicate it is
the price charged ... sell the
petroleum products or natural gas to the
consumers, for the MRP is to be fixed by the entity.
(ii) As regards the applicability
scheduled formulations.-(1) The
Government shall monitor the maximum retail prices (MRP) of all the
drugs, including the non-scheduled formulations and ensure that ... drug provided that such increase
does not exceed 10% of the MRP which held the field in the preceding
twelve months. The said provision further
petitioners
are directed to pay compensation cess at Maximum Retail Price
('MRP') as against the transaction value, as determined under
Section ... levy of
Basic Excise Duty and National Calamity Contingent Duty on the
MRP. The petitioner's products being goods classified under
Chapter
petitioners
are directed to pay compensation cess at Maximum Retail Price
('MRP') as against the transaction value, as determined under
Section ... levy of
Basic Excise Duty and National Calamity Contingent Duty on the
MRP. The petitioner's products being goods classified under
Chapter
purchase fogging machines within the MRP rate and if purchased at
higher rates than the MRP, the MRP rate alone to be disbursed. Further, there ... entered into a conspiracy in purchase of fogging machines more
than the MRP rate and thereby caused loss to the Town Panchayat.
5.The contention
merely on the basis of
provisions for levy of excise duty on MRP basis under
Central Excise Act ?
(ii) Whether on the facts ... including GST. The Checking Officer, however,
found that the MRP on the medicines QMOL was Rs. 180/-,, as printed,
while on the invoice the price
payment of Countervailing Duty on Invoice value
instead of Maximum Retail Price (MRP / RSP) thereby causing
huge loss to the Government.
[2.2] After the investigation ... cleared by the
applicant Company did not require any declaration of MRP as
they were wholesale packages and not retail packages as the
applicant Company