JC Kumar (Others) (32 Points)
16 July 2015Hi,
We are an importer and passing CENVAT (CVD+ ADI) to our customers. We have some confusion on assessable value. We understand that assessable value mentioned in Bill of Entry is CIF value + 1%
But we don't know how to derive assessable value in Excise sale invoice.
Can anyone explain what should be assessable value mentioned in Excise Sale Invoice ?
Thanks & Regards,
JC Kumar
9444566425
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 17 July 2015
look into the dealers invoice , part B, you will find proper column for every query
Niraj Kumar Sinha
(Sr. Officer, SPSIL)
(648 Points)
Replied 27 July 2015
In Bill of Entry final assessable value is written (above Basic Custom Duty). Show this value in Excise Invoice.
Pawan Bohra
(CA by profession )
(61 Points)
Replied 07 January 2016
The same shall be included in the sales Inoice ? and can exemption be claimed in the respect ?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 08 January 2016
dealer invoice ( excise) is only an instrument for passing the CENVAT or CVD, the dealer has to put the purchase ( import) details and price as per the purchase ( import bill) and in sales column declare the actual commercial sales price, without changing the duty content per unit.
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