excise

is there any difference between assessable value and value of excisable goods.

thanks in advance

Replies (1)

In my opinion assessable value is the value determined by Central excise Rules in case of a dispute while value of excisable goods is a term used more casually rather than in the stricter sense...

In common parlance 

Value as decided by the assessee : value of excisable goods

Value as decided by the Excise authorities in conjunction of the rules of Central Excise : Assessable Value.

 

Regards.

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