A.v & t.v


This query is : Resolved 

(Querist)
29 October 2011 I am really confused between these two terms "Assessable Value" & "Transaction Value". I am not getting what is the difference between them.

Please clear my doubt...

Thanx in Advance

U S Sharma (Expert)
30 October 2011 AV is the value on which duty is payable or paid before abatement ( if any)
TV is the value on which the goods are sold to next unrelated buyer.,


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