Ssi turnover


This query is : Resolved 

(Querist)
03 November 2011 Does SSI turnover includes :

1. Trading Sales
2. Any discount given on value (not on duties & taxes)?

Please answere with facts?

Regards

U S Sharma (Expert)
03 November 2011 1. trading sales are excluded, provided the specification of inward and outward invoices match.

2. post invoice discounts are not accounted, as at the time of clearance, ( when invoice is made out) assessable value was put, hence assesasable value is final for the purpose.


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