pls anybody clear my confusion
This query is : Resolved
14 May 2011
sir, pls solve my confusion.
on 1.1.2011 Mr x sold final product to her wife, Mrs. X at Rs. 1000/- per kg
Mrs. X sell all goods purchased from his husband to his son Mr Y. Mr. Y sells these goods in retail market.
Mrs. X sold the goods to Mr.Y as follows:
on 1.1.2011----@ 1500/-
on 15.1.2011----@ 2000/-
goods purchased on 1.1.2011 are sold by Mrs X to his son on 15.1.2011.
My confusion is that
what is the Assessable value of good sold by Mr. X to her wife Mrs. X on 1.1.2011?
whether 1500/- or 2000/-.
Thank U for your help.
on 1.1.2011 Mr x sold final product to her wife, Mrs. X at Rs. 1000/- per kg
Mrs. X sell all goods purchased from his husband to his son Mr Y. Mr. Y sells these goods in retail market.
Mrs. X sold the goods to Mr.Y as follows:
on 1.1.2011----@ 1500/-
on 15.1.2011----@ 2000/-
goods purchased on 1.1.2011 are sold by Mrs X to his son on 15.1.2011.
My confusion is that
what is the Assessable value of good sold by Mr. X to her wife Mrs. X on 1.1.2011?
whether 1500/- or 2000/-.
Thank U for your help.
15 May 2011
assessable value under which provision ?
15 May 2011
under rule 9 of central excise valuation Rule
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
- Section 270A penalty
- GSTR 1- Amend Credit Note
- Supply to unit situated in SEZ
- TDS AFTER SUBMISSION OF 15G OR H
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- Tax liability on gift amount given to blood relation
- Temporary GST registration
- Reimbursement of expense- GST applicable or not
- Acting as an Agent
- To Whom the Professional Invoice should be Raise
- GSTR 9C- Table 9
- GST Registration Application -Rejected
- Problem in filing Returns for International workers in EPFO
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
