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
- Refund Annexure-B
- House Property Reporting in ITR
- TDS Claim year
- Liable to deduct tds and 44ADA
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- Internship/Academic shown in Salary Pay Slip of a Doctor
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
