Formal Covering Letter Format for Revision in Price
August 28, 2012
August 28, 2012
CIRCULAR
To:
All concerned
ABC CORPORATION LTD.
Sub: Revise in prices
This has reference to the Finance Budget for the year 2012 presented by our Hon’ble Finance Minister on 16th August, 2012. Though the rates of Excise Duty on our product remain unchanged, he has increased the Excise Duty on Diesel prices
by Rs. 1/- per Ltr., the effect of which on our transportation rates from factory to various destinations are coming around 3.34% to 3.84%. In this condition, it has become necessary to revise our prices by 2% with effect from 01.09.2012AMITABH BACHCHAN
MANAGING DIRECTOR
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