Query on assessable value


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 August 2013 For the purpose of calculation of Assessable value, the installation charges is not considered in the value of asset purchased. Why? (eventhough this cost is directly related to the cost of the asset)

21 August 2013 Basically Excise will apply on the manufacturing or producing exciseable goods in India. installation is not forming part of product price.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 August 2013 okay sir. Thanks a lot.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query