Lmpc rule- mrp increase/ decarese before customs clearance
Rama Krishnan
(Querist) 11 May 2013
This query is : Resolved
DEAR EXPERTS,
I WOULD LIKE TO KNOW THE OPINION OF EXPERTS ON BELOW QUESTIONS, IF POSSIBLE WITH RELEVENT LEGAL BACKINGS
1. CAN AN IMPORTER INCREASE MRP OF THE PRODUCT BEFORE CUSTOMS CLERANCE OF THE GOODS, MEANS GOODS ARRIVED BUT IMPORTER DID NOT FILE BILL OF ENTRY , APPROCHES CUSTOMS TO INCREASE MRP?
CAN THE SAME PROCESS BE DONE FOR DECREASE ALSO
REQUEST EXPERTS COMMENTS
Anirudh
(Expert) 15 May 2013
Do you mean to say that the goods that you import already carry some MRP on it? How come?
Rama Krishnan
(Querist) 24 May 2013
YES THE GOODS IMPORTED SHOULD CARRY MRP, BEFORE CUSTOMS CLERANCE OF GOODS, CUSTOMS DEPT DO CHECK WHETHER MRP IS PRINTED ON THE CARTON OR NOT.
REQUEST EXPERTS OF LMPC RULE TO PL COMMENT ON THE QUESTION
Anirudh
(Expert) 24 May 2013
YOU HAVE NOT UNDERSTOOD MY QUERY.
THE NEED TO INCREASE OR DECREASE THE MRP WILL ARISE ONLY IF THE GOODS IMPORTED BEFORE CUSTOMS CLEARANCE ALREADY CARRIES SOME MRP.
THEREFORE MY QUERY IS WHETHER THE PRODUCT / GOODS IMPORTED BY YOU "ALREADY" CARRY ANY MRP INDICATED ON IT? (Otherwise, where is the question of increasing the MRP?)
