Assessable value in case of deemed exports agst ct-1
This query is : Resolved
15 April 2017
hi i have a query
i have to sell excisable goods to a merchant exporter who will export agst form ct-1 without charging excise duty
now i have to submit proforma invoice so i need to know the retail sale price , how should i fix the retail sale price for the purpose of calculating assessable value becoz u/s 4 i cannot remove excisable goods w/o rsp
pls respond urgently
i have to sell excisable goods to a merchant exporter who will export agst form ct-1 without charging excise duty
now i have to submit proforma invoice so i need to know the retail sale price , how should i fix the retail sale price for the purpose of calculating assessable value becoz u/s 4 i cannot remove excisable goods w/o rsp
pls respond urgently
20 April 2017
You appear to be unaware of Deemed Exports. Please read carefully the provisions chapter -7 of the Foreign Trade policy 2015-20 of Government of India, Ministry of commerce and industry.
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