Amortized Value

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We manfacturers of plastic components, buyers gives us their tool/mould after getting finished goods we raise a invoice(sample invoice attached) basic rate for excise duty we add amortized value for regular rate and caluculate the tax.

 


Why we have to amortize value?

Is there any notification no or circular is there? if pl let me know

pl help


Attached File : 41 inv0001.pdf downloaded: 157 times
Replies (1)

Rule 6 of the central excise valuation rules

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