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Value

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(Querist)
06 February 2013 Sir
pl. explain the difference between Basic value and Assessable value with example and we should charge the excise duty on which value in Excise Invoice.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
06 February 2013 Basic value and assessable value both are same. You can charge the excise duty on transaction value.

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