Dear All,
Pl help, How to calculate the Ass.Value for Bulk Drug Product? Pl suggest the method or calculation.
Thanks
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 25 January 2009
Assesable value is transaction value under Section 4 of Central Excise Act. However, if the clearance is in retail pack, Section 4A is to be applied.
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