A.v & t.v


This query is : Resolved 

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

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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