Hello, Could you please explain the treatment of trade discount too? how they have to be treated in excise while valuation?
regards, Vikram
Menu
Trade Discount in Excise
Replies (2)
Discount of any kind actually given to the party shall not form part of the Assessable value. The assessable value shall be price actually paid or payable as a consideration.
thank you very much.
Recent Topics :
- IPO application checklist: 18 rules that decide wh
- NSE IPO Price, GMP, Allotment Date and Listing
- Gst tax rate
- Cash deposited by customer
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
Related Topics :
CAclubindia
