CAS 4 FORMULA
This query is : Resolved
01 February 2009
CAN SOMEBODY PROVIDE DETAILS REGARDING VALUATION OF MATERIAL AS PER CENTRAL EXCISE LAW WHERE MATEIAL IS FREE ISSUED BY THE CUSTOMER.
01 February 2009
The cost price to the seller will be treated as value of material where mrp is not fixed.
If mrp is fixed then the value of the material will be mrp.
Central excise has to be paid as per the valuation made above.
If mrp is fixed then the value of the material will be mrp.
Central excise has to be paid as per the valuation made above.
01 February 2009
(from your question it is not clear the meaning of customer)
if the goods are supplied by the buyer to the seller free of cost then it is treated as additional consideration is folwing from the buyer to the seller, then that value of the addtional consideration should be added into the assessable value as per valuation rule 6.
K-sagar Management Consultant
if the goods are supplied by the buyer to the seller free of cost then it is treated as additional consideration is folwing from the buyer to the seller, then that value of the addtional consideration should be added into the assessable value as per valuation rule 6.
K-sagar Management Consultant
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
