Assessable value

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Ganesh Bhakuni (Querist)
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27 October 2016 Under excise valuation, What will be the AV of the good (notified under sec4A) if such good is distributed free to customer?

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KAVIRAJA ADDANGADI (Expert)
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28 October 2016 If you are distributing free than question of assessable value not arise.

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Ganesh Bhakuni (Querist)
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28 October 2016 means you are saying we have not to pay any excise duty on such products

Arun Kumar Singh (Expert)
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16 November 2016 You need to pay excise duty on assessable value of the goods even if you have supply the goods free of cost.

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