agar ek shoes seller apne shoes sell karta hai...jiski mrp 1300rs. hai but transaction value rs. 700 hai..
to tax 18% lagega ya 5% lagega??
as per rule shoes of rs. more than rs. 1000 then tax rate is 18% aur less than rs.1000 than tax rate is 5%.
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valuation on mrp or transaction value
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tax on actual taxable value sold prices.
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