Assessable value
This query is : Resolved
12 December 2013
We are a trading company importing goods and selling into india.
We cannot charge excise duty, but we pass on to the customer. The rate charged to the customer is inclusive of margin.
Can anyone tell me what assassable value will be taken by the customer.
We cannot charge excise duty, but we pass on to the customer. The rate charged to the customer is inclusive of margin.
Can anyone tell me what assassable value will be taken by the customer.
12 December 2013
You can charge from the buyer actual assessable value plus margin and you will pass the excise duty same. Value addition will not be applicable on the excise duty.
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