Menu
Ecsoce valuation
Assesse sells goods to a related person at rs 100000 on 15 dec 2012.
On same date related person sell to unrelated biyer @ rs 110000. Wat will be assessable value in certain conditions.
A) Related person sells to unrelated buyer on 5 th feb rs 120000.
B)Related person sells to unrelated buyer on 10 th feb rs 125000.
Replies (2)
Dear,
In your case rule 9 of central excise valuation,2000 rule is applicable. Therefore for such transaction value to unrelated buyer is considered as value of the above mentioned transaction.
Thanks
Karan
Means value in both situation will be Es 110000?
Thankyou.
Recent Threads
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
Related Threads
CAclubindia
