Hello, Could you please explain the treatment of trade discount too? how they have to be treated in excise while valuation?
regards, Vikram
Hello, Could you please explain the treatment of trade discount too? how they have to be treated in excise while valuation?
regards, Vikram
Discount of any kind actually given to the party shall not form part of the Assessable value. The assessable value shall be price actually paid or payable as a consideration.
thank you very much.
R P S K & Associates
Nashik
CA Inter
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