rule 9 of central excise valuation rule

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CA. Niranjan Kumar (Querist)
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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.

U S Sharma

U S Sharma (Expert)
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16 May 2011 transaction value would be the value on which my Y sells the goods to next "unrelated party"

as Mr X, MrsX and Mr Y all are family. so the 1st unrelated customer would be the next person to whom Mr Y sells goods, and value would be assessable value for Mr. X on which the duty and taxes is chargable

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